ences Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 14,000 units) folllows. Fixed Budget Sales (14,000 units $205 per unit) Costs Direct materials Direct labor Indirect materials 2,870,000 322,000 588,000 364,000 Supervisor salary 122,000 Sales commissions 98,000 Shipping 210,000 Administrative salaries 172,000 Depreciation-Office equipment 142,000 Insurance 112,000 Office rent 122,000 Incone 618,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total variable cost per unit. nces 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 12.000 units and 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. Sales Variable costs TEMPO COMPANY Flexible Budget Variable Amount S per Unit 205.00 Total Fixed Cost Flexible Budget for: Units Sales Unit Sales of 16,000 of 12,000 nces Direct materials Direct labor Indirect materials Sales commissions Shipping Total variable costs Contribution margin Fixed costs Administration salaries Depreciation-Office equipment Insurance Office rent Total fixed costs Income 0.00 0 $ 0 $ 0 $ 0