Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units x $216 per unit) Costs Direct materials Direct labor Indirect materials 3,456,000 368,000 704,000 432,000 Supervisor salary 168,000 Sales commissions 112,000 Shipping 240,000 Administrative salaries 218,000 Depreciation-office equipment 188,000 Insurance 158,000 Office rent 168,000 Income 700,000 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.

Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units x $216 per unit) Costs Direct materials Direct labor Indirect materials 3,456,000 368,000 704,000 432,000 Supervisor salary 168,000 Sales commissions 112,000 Shipping 240,000 Administrative salaries 218,000 Depreciation-office equipment 188,000 Insurance 158,000 Office rent 168,000 Income 700,000 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.

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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Duo, Incorporated, carries two products and has the following year-end income statement (000s omitted): Product AR-10 Product ZR-7 Budget Actual Budget Actual Units 4,000 5,600 10,000 9,300 Sales $ $ 28,000 $ 15,120 $ 20,000 $ 19,530 Variable costs 3,200 5,600 10,000 9,770 Fixed Costs 1,800 1,900 2,400 2,400 Total Costs $ 5,000 $ 7,500 $ 12,400 $ 12,170 Operating income $ 23,000 $ 7,620 $ 7,600 $ 7,360 The net effect of AR-10's sales volume variance on profit is: Multiple Choice $4,960 favorable. $5,660 favorable. $7,330 favorable. $8,030 favorable. $9,920 favorable. THE ANSWER IS NOT 8030 and I am not sure why
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