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Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units * $209 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 3,344,000 384,000 688,000 432,000 184,000 128,000 256,000 234,000 204,000 174,000 184,000 476,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit Complete this question by entering your answers in the tabs below. Required 1 Required 2 >

Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units * $209 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 3,344,000 384,000 688,000 432,000 184,000 128,000 256,000 234,000 204,000 174,000 184,000 476,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit Complete this question by entering your answers in the tabs below. Required 1 Required 2 >

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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Tempo Company's fixed budget (based on sales of 16,000 units) follows. Fixed Budget Sales (16,000 units x $209 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 3,344,000 384,000 688,000 432,000 184,000 128,000 256,000 234,000 Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit 204,000 174,000 184,000 476,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 > ||
Transcribed Image Text:Tempo Company's fixed budget (based on sales of 16,000 units) follows. Fixed Budget Sales (16,000 units x $209 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 3,344,000 384,000 688,000 432,000 184,000 128,000 256,000 234,000 Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit 204,000 174,000 184,000 476,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 > ||
Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance office rent Income $209 per unit) Required 1 Required 2 Compute total fixed costs. Total fixed costs 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Variable costs Required 3 Fixed costs 3,344,000 384,000 688,000 432,000 184,000 128,000 256,000 234,000 204,000 174,000 184,000 476,000 Required 3 < Required 1 Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. TEMPO COMPANY Required 3 > Flexible Budget Variable Amount Total Fixed per Unit Cost 0.00 $ Flexible Budget for: Units Sales Unit Sales of of 14,000 18,000 0 $ 0 0 $ 0
Transcribed Image Text:Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance office rent Income $209 per unit) Required 1 Required 2 Compute total fixed costs. Total fixed costs 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Variable costs Required 3 Fixed costs 3,344,000 384,000 688,000 432,000 184,000 128,000 256,000 234,000 204,000 174,000 184,000 476,000 Required 3 < Required 1 Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. TEMPO COMPANY Required 3 > Flexible Budget Variable Amount Total Fixed per Unit Cost 0.00 $ Flexible Budget for: Units Sales Unit Sales of of 14,000 18,000 0 $ 0 0 $ 0
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