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Exercise 23-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $201 per unit) Costs Direct materials Direct labor Indirect materials 2,412,000 276,000 504,000 336,000 Supervisor salary Shipping 76,000 Sales commissions Administrative salaries Insurance 108,000 168,000 126,000 Depreciation-Office equipment 96,000 66,000 Office rent 76,000 Income 580,000 ces 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 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 Required 2 >

Exercise 23-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $201 per unit) Costs Direct materials Direct labor Indirect materials 2,412,000 276,000 504,000 336,000 Supervisor salary Shipping 76,000 Sales commissions Administrative salaries Insurance 108,000 168,000 126,000 Depreciation-Office equipment 96,000 66,000 Office rent 76,000 Income 580,000 ces 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 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 Required 2 >

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Exercise 23-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $201 per unit) Costs Direct materials Direct labor Indirect materials 2,412,000 276,000 504,000 336,000 Supervisor salary Shipping 76,000 Sales commissions Administrative salaries Insurance 108,000 168,000 126,000 Depreciation-Office equipment 96,000 66,000 Office rent 76,000 Income 580,000 ces 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 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 Required 2 >
Transcribed Image Text:Exercise 23-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $201 per unit) Costs Direct materials Direct labor Indirect materials 2,412,000 276,000 504,000 336,000 Supervisor salary Shipping 76,000 Sales commissions Administrative salaries Insurance 108,000 168,000 126,000 Depreciation-Office equipment 96,000 66,000 Office rent 76,000 Income 580,000 ces 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 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 Required 2 >
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