Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units × $202 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 3,232,000 384,000 672,000 448,000 184,000 Required 1 Required 2 112,000 240,000 234,000 204,000 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 3 174,000 184,000 396,000 Complete this question by entering your answers in the tabs below. 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
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Tempo Company's fixed budget (based on sales of 16,000 units) folllows.
Fixed Budget
Sales (16,000 units × $202 per unit)
Costs
Direct materials
Direct labor
Indirect materials.
Supervisor salary
Sales commissions
Shipping
Administrative salaries
Depreciation-Office equipment
Insurance
Office rent
Income
Required 1 Required 2
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.
Variable costs
3,232,000
Direct materials
384,000
672,000
448,000
Required 3
Fixed costs
184,000
112,000
240,000
234,000
204,000
174,000
184,000
396,000
Prepare a flexible budget at activity levels of 14,000 units and 18,000 units.
TEMPO COMPANY
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
0
Transcribed Image Text:Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units × $202 per unit) Costs Direct materials Direct labor Indirect materials. Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income Required 1 Required 2 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. Variable costs 3,232,000 Direct materials 384,000 672,000 448,000 Required 3 Fixed costs 184,000 112,000 240,000 234,000 204,000 174,000 184,000 396,000 Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. TEMPO COMPANY 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 0
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