Check my work mode : This shows what is correct or incorrect for the work you have comple Exercise 23-2 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of calendar year 2017 reveals the following Fixed Budget Sales (16,000 units) 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 $3,440,000 $384,000 672,000 416,000 184,000 1,656,000 1,784,000 112,000 256,000 100,000 468,000 234,000 204,000 174,000 184,000 796,000 Income from operations $ 520,000 Complete the following flexible budgets for sales volumes of 14,000, 16,000, and 18,000 units. (Round cost per unit to 2 decimal places.) Check my work mode: This shows what is correct or incorrect Answer is not complete. TEMPO COMPANY Flexible Budgets For Quarter Ended March 31, 2017 Flexible Budget Flexible Budget at Variable 16,000 units 18,000 units Total Fixed Cost 14,000 units Amount per Unit Sales Variable costs Direct materials Direct labor Production supplies Sales commissions Packaging Total variable costs Contribution margin 0.00 0 0 0 Fixed costs Plant manager salary Administrative salaries Depreciation-Office equip Insurance Office rent Total foxed costs 0 0 0 Income from operations