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Tempo Company's fixed budget (based on sales of 10,000 units) for the first quarter of calendar...

Tempo Company's fixed budget (based on sales of 10,000 units) for the first quarter of calendar year 2017 reveals the following.

Fixed Budget
Sales (10,000 units) $ 2,190,000
Cost of goods sold
Direct materials $ 240,000
Direct labor 430,000
Production supplies 270,000
Plant manager salary 40,000 980,000
Gross profit 1,210,000
Selling expenses
Sales commissions 90,000
Packaging 140,000
Advertising 100,000 330,000
Administrative expenses
Administrative salaries 90,000
Depreciation—office equip. 60,000
Insurance 30,000
Office rent 40,000 220,000
Income from operations $ 660,000


Complete the following flexible budgets for sales volumes of 8,000, 10,000, and 12,000 units. (Round cost per unit to 2 decimal places.)

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ekkarill92 answered 2 years ago
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