Tempo Company's fixed budget (based on sales of 10,000 units) folllows. Fixed Budget Direct labor Sales (10,000 units x $218 per unit) Costs Direct materials Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 2,180,000 230,000 430,000 270,000 30,000 90,000 140,000 80,000 50,000 20,000 30,000 810,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 8,000 units and 12,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 8,000 units and 12,000 units. Variable costs TEMPO COMPANY Flexible Budget Variable Amount per Unit Total Fixed Cost Flexible Budget for: Units Sales Unit Sales of of 8,000 12,000 0.00 0 0

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter7: The Master Budget And Flexible Budgeting
Section: Chapter Questions
Problem 8P: Preparing a performance report Use the flexible budget prepared in P7-6 for the 29,000-unit level of...
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Tempo Company's fixed budget (based on sales of 10,000 units) folllows.
Fixed Budget
Direct labor
Sales (10,000 units x $218 per unit)
Costs
Direct materials
Indirect materials
Supervisor salary
Sales commissions
Shipping
Administrative salaries
Depreciation-Office equipment
Insurance
Office rent
Income
2,180,000
230,000
430,000
270,000
30,000
90,000
140,000
80,000
50,000
20,000
30,000
810,000
1. Compute total variable cost per unit.
2. Compute total fixed costs.
3. Prepare a flexible budget at activity levels of 8,000 units and 12,000 units.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Required 3
Prepare a flexible budget at activity levels of 8,000 units and 12,000 units.
Variable costs
TEMPO COMPANY
Flexible Budget
Variable Amount
per Unit
Total Fixed
Cost
Flexible Budget for:
Units Sales Unit Sales of
of 8,000
12,000
0.00
0
0
Transcribed Image Text:Tempo Company's fixed budget (based on sales of 10,000 units) folllows. Fixed Budget Direct labor Sales (10,000 units x $218 per unit) Costs Direct materials Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 2,180,000 230,000 430,000 270,000 30,000 90,000 140,000 80,000 50,000 20,000 30,000 810,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 8,000 units and 12,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 8,000 units and 12,000 units. Variable costs TEMPO COMPANY Flexible Budget Variable Amount per Unit Total Fixed Cost Flexible Budget for: Units Sales Unit Sales of of 8,000 12,000 0.00 0 0
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