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Tempo Company's fixed budget (based on sales of 10,000 units) for the first quarter of...

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Accounting

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Tempo Company's fixed budget (based on sales of 10,000 units) for the first quarter of calendar year 2017 reveals the following. Fixed Budget $2,040,000 Sales (10,000 units) 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 $240,000 440,000 280,000 40, 000 1,000,000 1,040,000 90,000 160, 000 100, 000 350,000 90,000 60,000 30,000 220, 000 Office rent 40,000 $ 470, 000 Income from operations Complete the following flexible budgets for sales volumes of 8,000, 10,000, and 12,000 units. (Round cost per unit to 2 decimal places.) TEMPO COMPANY Flexible Budgets For Quarter Ended March 31, 2017 ------Flexible Budget----- ------Flexible Budget at --- Variable Total Fixed Cost 8,000 units Amount per 10,000 units 12,000 units Unit Variable costs: Fixed costs:

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