Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 14,000 units) folllows. 2,954,000 Fixed Budget Sales (14,000 units * $211 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 336,000 602,000 378,000 136,000 112,000 210,000 186,000 156,000 126,000 136,000 576,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 12,000 units and 16,000 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 Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 14,000 units) folllows. 2,954,000 Fixed Budget Sales (14,000 units x $211 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 336,000 602,000 378,000 136,000 112,000 210,000 186,000 156,000 126,000 136,000 576,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total fixed costs. Total fixed costs Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. TEMPO COMPANY Flexible Budget Variable Amount Total Fixed Cost Flexible Budget for: Units Sales Unit Sales of of 12,000 16,000 per Unit Variable costs Supervisor salary 0.00 0 0 Fixed costs $ 0 $ 0 $ 0