Reference no: EM133114653
Question - Tempo Company's fixed budget (based on sales of 16,000 units) follows:
Fixed Budget
Sales (16,666 units x $265 per unit) 3,280,000
Costs
Direct materials 384,000
Direct labor 704,000
Indirect materials 432,000
Supervisor salary 184,000
Sales commissions 144,000
Shipping 240,000
Administrative salaries 234,000
Depreciation-Office equipment 204,000
Insurance 174,000
Office rent 184,000
Income 396,000
Required -
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.
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