Exercise 08-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following. Sales (16,000 units x $219 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions. Packaging Fixed Budget $3,504,000 $384,000 704,000 416,000 184,000 1,688,000 1,816,000 144,000 240,000 Advertising 100,000 484,000 Administrative expenses Administrative salaries 234,000 Depreciation-office equip. 204,000 Insurance 174,000 Office rent 184,000 796,000 Income from operations $ 536,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 14,000 units. (4) Compute the income from operations for sales volume of 18,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total variable cost per unit. Variable cost per unit Required 2 > Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following. Sales (16,000 units x $219 per unit) Fixed Budget $3,504,000 Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising $384,000 704,000 416,000 184,000 1,688,000 1,816,000 144,000 240,000 100,000 484,000 Administrative expenses Administrative salaries 234,000 Depreciation-office equip. 204,000 Insurance 174,000 office rent 184,000 796,000 Income from operations $ 536,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 14,000 units. (4) Compute the income from operations for sales volume of 18,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total fixed costs. Total fixed costs Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following. Sales (16,000 units x $219 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Fixed Budget $3,504,000 $384,000 704,000 416,000 184,000 1,688,000 1,816,000 144,000 240,000 100,000 484,000 Administrative expenses Administrative salaries 234,000 Depreciation-office equip. 204,000 Insurance 174,000 Office rent 184,000 796,000 Income from operations $ 536,000 Advertising (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 14,000 units. (4) Compute the income from operations for sales volume of 18,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2. Required 3. Required 4 Compute the income from operations for sales volume of 14,000 units. Income from operations at sales of 14,000 units Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following Sales (16,000 units x $219 per unit) Fixed Budget $3,504,000 Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising $384,000 704,000 416,000 184,000 1,688,000 1,816,000 144,000 240,000 100,000 484,000 Administrative expenses Administrative salaries 234,000 Depreciation-office equip. 204,000 Insurance 174,000 Office rent 184,000 796,000 Income from operations $ 536,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 14,000 units (4) Compute the income from operations for sales volume of 18,000 units Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the income from operations for sales volume of 18,000 units. Income from operations at sales of 18.000 units