Exercise 21-2 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 Fixed Budget Sales (12,000 units) Cost of goods sold $2,580,000 Direct materials Direct labor Production supplies Plant manager salary $288,000 516,000 312,000 88,000 1,204,000 1,376,000 Gross profit Selling expenses Sales commissions Packaging Advertising 96,000 180,000 100,000 376,000 Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent 138,000 108,000 78,000 88,000 412,00e $588,000 Income from operations Complete the following flexible budgets for sales volumes of 10,000, 12,000, and 14,000 units. (Round cost per unit to 2 decimal places.) TEMPO COMPANY Flexible Budgets For Quarter Ended March 31, 2017 Flexible Budget at Flexible Budget.... Variabler Total Fixed 10,000 units 12.000 units 14,000 units Cost Unit Sales Variable costs 0.00 Fixed costs