Ch 08 Ex 8-3 Saved 1 Exercise 08-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter reveals the following. 10 polnts Fixed Budget $2,592,000 $ 288,000 516,000 324,000 88,000 eBook 1,216,000 1,376,000 COD Hint Sales (12,000 units X $216 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 96,000 180,000 100,000 376,000 Ask 138,000 108,000 78,000 88,000 412,000 $ 588,000 Print References (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 10,000 units. (4) Compute the income from operations for sales volume of 14,000 units