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Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $205 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 2,460,000 276,000 516,000 324,000 76,000 96,000 192,000 126,000 96,000 66,000 76,000 616,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. Complete this question by entering your answers in the tabs below.

Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $205 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 2,460,000 276,000 516,000 324,000 76,000 96,000 192,000 126,000 96,000 66,000 76,000 616,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. Complete this question by entering your answers in the tabs below.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute total fixed costs. Total fixed costs Required 1 Required 2 Required 3 Complete this question by entering your answers in the tabs below. Variable costs < Required 1 Fixed costs Required 3 Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. TEMPO COMPANY Required 3 > Flexible Budget Variable Amount Total Fixed per Unit Cost < Required 2 0.00 $ Flexible Budget for: Units Sales Unit Sales of of 10,000 14,000 0 $ Required 3 > 0 0 $ 0 0
Transcribed Image Text:Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute total fixed costs. Total fixed costs Required 1 Required 2 Required 3 Complete this question by entering your answers in the tabs below. Variable costs < Required 1 Fixed costs Required 3 Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. TEMPO COMPANY Required 3 > Flexible Budget Variable Amount Total Fixed per Unit Cost < Required 2 0.00 $ Flexible Budget for: Units Sales Unit Sales of of 10,000 14,000 0 $ Required 3 > 0 0 $ 0 0
Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $205 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. Required 1 Required 2 2,460,000 Complete this question by entering your answers in the tabs below. Required 3 276,000 516,000 324,000 76,000 96,000 192,000 126,000 96,000 66,000 76,000 616,000 Compute total variable cost per unit. Total variable cost per unit < Required 1 Required 2 >
Transcribed Image Text:Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $205 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. Required 1 Required 2 2,460,000 Complete this question by entering your answers in the tabs below. Required 3 276,000 516,000 324,000 76,000 96,000 192,000 126,000 96,000 66,000 76,000 616,000 Compute total variable cost per unit. Total variable cost per unit < Required 1 Required 2 >
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