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Exercise 21-2 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of...

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Exercise 21-2 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 18,000 units) for the first quarter of calendar year 2017 reveals the following. Fixed Budget $3,78e, eee $432, eee 774,000 468, eee 232, eee 1,906,800 1,874,000 Sales (18,eee units) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation office equip. Insurance Office rent Income from operations 126.00e 270,000 100, see 496,000 282, eee 252,000 222,000 232,000 988,000 390,000 $ Complete the following flexible budgets for sales volumes of 16,000, 18,000, and 20,000 units. (Round cost per unit to 2 decimal places.) TEMPO COMPANY Flexible Budgets For Quarter Ended March 31, 2017 ...Flexible Budget- Flexible Budget at --- Variable 20,000 16,000 units 18,000 units Cost Unit units Amount per Total Fixed Variable costs: 0.00 Fixed ca O

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