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 follow Fixed Budget $2,508,000 $300,000 528,000 312,000 100,000 1,240,000 1,268,000 Sales (12,000 units X $209 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 108,000 192,000 100,000 400,000 150,000 120,000 90,000 100,000 460,000 408,000 $ 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. Fixed Budget $2,508,000 $300,000 528,000 312,000 100,000 1,240,000 1,268,000 Sales (12,000 units X $209 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 108,000 192,000 100,000 400,000 150,000 129,000 90,000 100,000 460,000 408,000 $ 3 (1) Compute the total variable cost per unit (2) Compute the total fixed costs the income from operations for sales volume of 10.000 units of 14 000 units 1,268,000 G00 Hint 108,000 192,000 100,000 400,000 Ask Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 150,000 129,000 90,000 100,000 Print 460,000 408,000 $ 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. 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 $ 14,212,000 Required 2 Exercise 08-3 Preparing flexible budgets LO P1 15 points Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter reveals the following. Fixed Budget $2,508,000 eBook $300,000 528,000 312,000 100,000 1,240,000 1, 268,000 Hint Sales (12,000 units X $299 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 108,000 192,000 100,000 400,000 ASK 150,000 120,000 90,000 100,000 Print 460,000 408,000 $ 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required