Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units...
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Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units x $217 per unit) 3,472,000 Costs Direct materials Direct labor Indirect materials 384,000 704,000 432,000 184,000 144,000 Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment 240,000 234,000 204,000 174,000 Insurance Office rent 184,000 Income 588,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit Required 1 Requirdd 2 Required 3 Compute total fixed costs. Total fixed costs Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. TEMPO COMPANY Flexible Budget Flexible Budget for: Variable Amount Total Fixed Units Sales Unit Sales of per Unit Cost of 14,000 18,000 Variable costs 0.00 Fixed costs Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units x $217 per unit) 3,472,000 Costs Direct materials Direct labor Indirect materials 384,000 704,000 432,000 184,000 144,000 Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment 240,000 234,000 204,000 174,000 Insurance Office rent 184,000 Income 588,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit Required 1 Requirdd 2 Required 3 Compute total fixed costs. Total fixed costs Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. TEMPO COMPANY Flexible Budget Flexible Budget for: Variable Amount Total Fixed Units Sales Unit Sales of per Unit Cost of 14,000 18,000 Variable costs 0.00 Fixed costs
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Insurance Requirement 1 Variable costs per unit 384000 704000 432000 Direct materials 16000 2400 Dir... View the full answer
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
Posted Date:
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