Check n Exercise 8-2 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter of calendar year 2017 reveals the following. rixed Budget $2,532,000 Sales (12,000 units) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary $288,000 516,000 324,000 88,000 1.216,000 Gross profit Selling expenses ,316,000 Sales commiasions Packaging 96,000 168,000 100,000 dvertising 364,000 Administrative expenses Administrative salaries Depreciation-otfice equip. 138,000 108,000 78,000 88,000 412,000 $ 540,000 office rent int Incdme fron operations ences Complete the following flexible budgets for sales volumes of 10,000, 12.000, and 14,000 units. (Round cost petunit to 2 decimal places.) TEMPO COMPANY Flexible Budgets For Quarter Ended March 31, 2017 Flexible Budget exible Budget at- Variable Amount per 10,000 units 12,000 units 14,000 units Cost Variable costs Prev1 of 1 l Next