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Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of...

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Accounting

Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of calendar year 2017 reveals the following.

Fixed Budget
Sales (16,000 units) $ 3,408,000
Cost of goods sold
Direct materials $ 384,000
Direct labor 688,000
Production supplies 432,000
Plant manager salary 184,000 1,688,000
Gross profit 1,720,000
Selling expenses
Sales commissions 128,000
Packaging 240,000
Advertising 100,000 468,000
Administrative expenses
Administrative salaries 234,000
Depreciationoffice equip. 204,000
Insurance 174,000
Office rent 184,000 796,000
Income from operations $ 456,000

Complete the following flexible budgets for sales volumes of 14,000, 16,000, and 18,000 units. (Round cost per unit to 2 decimal places.)

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