Exercise 21-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following. Fixed Budget $3,344,000 $368,000 688,000 416,000 168,000 1,640,000 1,704,000 Sales (16,000 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 144,000 224,000 100,000 468,000 218,000 188,000 158,000 168,000 732,000 504,000 $ (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 1 Required 2 > Required 1 Required 2 Required 3 Required 4 Compute the total fixed costs. Total fixed costs 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 (Required 2 Required 4 > 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