Please do not give solution in image format thanku esRequired 3Prepare a flexible budget at activity levels of 14,000 units and 18,000 units.Required 1 Required 2SalesVariable costsDirect materialsDirect laborIndirect materialsSales commissionsShippingTotal variable costsContribution marginFixed costsSupervisor salaryAdministration salariesDepreciation Office equipmentInsuranceOffice rentTotal fixed costsIncomeTEMPO COMPANYFlexible BudgetVariable Amountper Unit$215.00< Required 20.00Total FixedCost$Flexible Budget for:Unit Salesof 18,000Units Salesof 14,0000 $00 $0 Tempo Company's fixed budget (based on sales of 16,000 units) folllows.Fixed Budgetx $215 per unit)Sales (16,000 unitsCostsDirect materialsDirect laborIndirect materialsSupervisor salarySales commissionsShippingAdministrative salaries.Depreciation-Office equipmentInsuranceOffice rentIncome3,440,000400,000672,000448,000200,000144,000240,000250,000220,000190,000200,000476,0001. 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.

Variable cost is the amount of cost which keeps on changing with the change in the activity…

Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units $215 per unit) Costs Direct materials. Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 3,440,000 400,000 672,000 448,000 200,000 144,000 240,000 250,000 220,000 190,000 200,000 476,000 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.

Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units $215 per unit) Costs Direct materials. Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 3,440,000 400,000 672,000 448,000 200,000 144,000 240,000 250,000 220,000 190,000 200,000 476,000 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.

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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Hh1. Account
N1. Account
subject:accounting
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