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 >

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 3E: Static budget versus flexible budget The production supervisor of the Machining Department for...

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