Exercise 21-2 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 7000 units) for the first quarter of calendar year 2017 reveals the following Fixed Budget $2.500.000 Sales (7. 0 units) Cost of goods sold Direct materials Direct labor Production Suplies $250,00 490,00 175. 65.000 1.ete,eee 1,790,000 Gross profit Sales cossions 140.00 154,00 125. 419, eee Advertising istrative expenses Administrative salaries Depreciation office equip. 85,eee 35. 35.ee 176,00 Income from operations Complete the following flexible budgets for sales volumes of 6.000 7.000, and 8,000 units. TEMPO COMPANY Flexible Budgets For Quarter Ended March 31, 2017 Flexible Budget Flexible Budostat wh 9 - Que 9-10 - 6073100546 47 JPG . tsuply Frumhel o - e rifle supply o ere to search RTY U 1 0 ------Flexible Budget at ... Flexible Budget Variable Total Fixed Amount per Cost Unit 6,000 units 7.000 units 8,000 units Sales Variable costs: Direct materials Direct labor Production supplies 21 00 Fixed costs: a Rite Supply FFL html - rifle supply jpg Quiz 9-1.pdf earch - Prisen