Tempo Company's Fixed Budget - Budgeting Electrician Costs for Common Residential Fixes.

Fixed Budget Sales (18,000 units x $216 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 3,888,000 432,000 774,000 486,000 1. Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following Budge $3,376,000 $384,000 688,000 432,000 184,000 1,688,000 1,688,000 Sales (16,000 units X $211 per unit) cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. When you purchase low-budget carriers, you generally buy your presence on board. Tempo Company's fixed budget {based on sales of'l2,000 units] folllows. Sales (14,000 units × $215 per unit) $ 3,010,000 Cost of goods sold Direct materials $ 322,000 Direct labor 588,000 Production supplies 392,000 Plant manager salary 122,000. Tempo Company's fixed budget (based on sales of 1 4, 0 0 0 units) follows \ table [ [ , Fixed Budget ] , [ Sales units × $ 2 1 3 per unit ) , 2 , 9 8 2 , There are 3 steps to solve this one. Variable Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (18,000 units × $218 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 3,924,000 432,000 774,000 504,000. Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following Fixed Budget $3,376,000 $400,000 688,000 432,000 200,000 1,720,000 1,656,000 Sales (16,000 units * $211 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. Public schools consistently need funding for many initiatives, including technology. \table [ [,Fixed Budget], [Sales (12,000 units ×$213 per unit),2,556,000. 2,898,000 Fixed Budget Sales (14,000 units * $207 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 322,000 616,000 392,000. Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 14,000 units) folllows. labor 792, 008 Indirect materials 486, 080 00 Supervisor salary 232, 08 Show more. View Homework Help - ch8 from BUS 1B at Chabot College. 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 $2,060,000 Sales (10,000 units) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary $230,000 430,000 270,000 30,000 960000 1,100,000 Gross profit Selling expenses. Compute total varlable cost per unit. The annual operating budget reflects day-to-day operations, while the CIP represents large capital outlays over a five-year time horizon. Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter of calendar year 2015 reveals the following Fixed Budget $2,870,000 Sales (14,000 units) Cost of goods sold Direct materials 350,000 Direct labor 602. Question: Tempo Company's fixed budget (based on sales of 10,000 units) folllows. Fixed Budget $3,052,000 $336,000 616,000 378,000 136,000 1,466,000 1,586,000 Sales (14,000 units X $218 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling …. Fixed Budget Sales (16,000 units × $206 per unit) Costs 3,296,000 368,000 Direct materials Direct …. Fixed Budget Sales (14,000 units * $211 per unit) 2,954,000 Costs Direct materials 350,000 Direct labor 602,000 Indirect materials 378,000 Supervisor salary 150,000 Sales commissions 112,000 Shipping 210,000 Administrative salaries 200,000 Depreciation office equipment 170,000 Insurance 140,000 office rent 150,000 Income. Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of the calendar year 2017 reveals the following. Fixed Budget Sales (14,000 units × $203 per unit) $ 2,842,000 Cost of goods sold. used acura charlotte nc 2,496,000 Fixed Budget Sales (12,000 units * $208 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 276,000 528,000 336,000 76,000. 2,496,000 Fixed Budget Sales (12,000 units * $208 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 276,000 528,000 336,000 76,000 96,000 168,000 126,000 96,000 66,000 76,000 652,000 1. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. Question: Tempo Company's fixed budget for the first quarter of calendar year 2013 reveals the following. Budgeted units Budgeted selling price per unit $400 $2,800,000 7,000 Fixed Budget Sales (7,000 units X $400 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance …. RCN is one of the companies that offer a range of packages to suit different budgets. 2- Compute the total fixed costs. Costs: - Direct materials: $288,000 …. Fixed Budget Sales (10,000 units × $217 per unit) $ 2,170,000 Cost of goods sold. 3,296,000 Fixed Budget Sales (16,000 units X $206 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 400,000 672,000 432,000. Question: Tempo Company's fixed budget (based on sales of 7,000 units) for the first quarter of calendar year 2015 reveals the following. 486,000 232,000 1,942,000 Plant manager salary Gross profit 1,874,000 Selling expenses. bigfoot tailgate wrap TEMPO COMPANY Flexible Budgets For Quarter Ended March 31, 2017 Flexible Budget Flexible Budget at … Variable Total Fixed Cost Amount per 10,000 units 12,000 units 14,000 units Unit Sales Direct materials Direct labor Production supplies 0. Some examples of annuities include interest received from fixed deposits in banks, p. Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of calendar year 2015 reveals the following Fixed Budget $3,216,000 Sales (16,000 units) Cost of goods sold $ 368,000 Direct materials Direct labor Production supplies Plant manager salary 688,000 416,000 168,000 1,640,000 Gross profit Selling expenses …. Prepare a flexible budget at activity levels of 14000 units and 18000 units. Homework i Tempo Company's fixed budget (based on sales of 10,000 units) folllows. Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following Fixed Budget $3,440,000 $368,000 704,000 432,000 168,000 1,672,000 1,768,000 Sales (16,000 units $215 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager. \table[[,Fixed Budget],[Sales (16,000 units x $216 per unit),],[Costs,3,456,000 This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. When you need parts to fix a vehicle and want to head to the nearest O’Reilly Auto Parts store, there are several ways you can go about finding the closest location. syil vs tormach Tempo Company's fixed budget (based on sales of 18,000 units) Question. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units, Prepare a flexible budget. These luxurious vehicles can provide a signif. 3,424,000 Fixed Budget Sales (16,000 units $214 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 368,000 704,000 432,000 …. 2,508,000 Fixed Budget Sales (12,000 units X $209 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 288,000 516,000 312,000 …. 2,912,000 Fixed Budget Sales (14,000 units x $208 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income es 350,000 602,000 378,000. Budgeted units Budgeted selling price per unit 5400 $2,800,000 7,000 Fixed …. Fixed Budget $2,954,000 $350,000 602,000 378,000 150,000 1,480,000 1,474,000 Sales (14,000 units * $211 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales. Fixed Budget Sales (16,000 units × $206 per unit) Costs 3,296,000 368,000 Direct materials Direct labor 704,000 Indirect materials 416,000 168,000 Supervisor salary Sales commissions Shipping 128,000 240,000 Administrative salaries 218,000 Depreciation Office equipment 188,000 Insurance 158,000 Office rent 168,000 Income. In recent years, there has been a growing trend towards supporting local businesses in various industries. Here’s the best way to solve it. A company's flexible budget for 15,000 units of production showed sales of $48,000; variable costs of $18,000; and fixed costs of $12,000. Fixed Budget 2,520,000 Sales (12,000 units x $210 per unit) Costs 288,000 Direct materials Direct labor Indirect materials 528,000 324,000 88,000 Supervisor salary Sales commissions 84,000 Shipping 180,000 Administrative salaries 138,000 Depreciation Office equipment …. Administrative salaries 250,000. Fixed Budget Sales (14,000 units × $213 per unit) $ 2,982,000 Cost of goods sold. 3,296,000 Fixed Budget Sales (16,000 units X $206 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance …. 2,912,000 Fixed Budget Sales (14,000 units x $208 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance …. Tempo Company's fixed budget (based on sales of 10,000 units) folllows. The asset section of the balance sheet typically covers bank a. Prepare a flexible budget at activity levels of 16,000 units and 20,000 units. ) There's just one step to solve this. 3 4 Fixed Budget Sales (7,000 units x $ | SolutionInn. 3,726,000 Fixed Budget Sales (18,000 units * $207 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 414,000 774,000 468,000 …. Fixed Budget $2,568,000 $288,000 528,000 324,000 88,000 1,228,000 1,340,000 Sales (12,000 units X $214 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling …. 3,408,000 Fixed Budget Sales (16,000 units < $213 per unit) Costs Direct materials …. Fixed Budget X Sales (18,000 units × $216 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance Office rent Income 3,888,000 432,000 …. The operating income in the master budget for 20,000 units is: a. Question: 4Tempo Company's fixed budget (based on sales of 16,000 units) follows. 1 Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter of calendar year 2017 reveals the following. Answer to Solved Tempo Company's fixed budget (based on sales of 7,000 | Chegg. The vegetables can be sold as is for $205,200. od 2,000,000 Pixed Budget Sales (10,000 units X $200 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance Office rent Income 240,000 420,000 280,000. 2,508,000 Fixed Budget Sales (12,000 units X $209 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 288,000 516,000 312,000 88,000. Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries. Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter reveals the followi Fixed Budget $2,424,000 $288,000 516,000 336,000 88,000 1,228,000 1,196,000 Sales (12,000 units * $202 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative. (3) Compute the income from operations for sales volume of 8,000 units. Compute total variable cost per. 2 that show variable costs per unit, fixed costs, and three different flexible budgets for sales volumes of $6,000,7,000, and 8,000 units. 1) Total variable cost per unit = $116 2) Tot …. (Round cost per unit to 2 decimal places. Answer to Solved Tempo Company's fixed budget (based on sales of | Chegg. Fixed Budget Sales (12,000 units x $214 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 2,568,000 276,000 504,000 LEA 22222324,000 …. Complete the following flexible budgets for sales volumes of 6,000. Fixed Budget Sales (16,000 units - $212 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 3,392,000 384,000 688,000 416,000 184,000. Prepare a flexible budget at activity levels of 121000 hunits and 16. Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Transcribed Image Text: Tempo Company's fixed budget (based on sales of 18,000 units) folllows. Required 1Required 2Required 3Compute total variable cost per unit. tryst.link albany Question: Exercise 21-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following. Complete the following flexible budgets for sales volumes of 12,000, 14,000, and 16,000 units. 2,100,000 Fixed Budget Sales (10,000 units * $210 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance Office rent Income 240,000 440,000 270,000 …. 3,360,000 Fixed Budget Sales (16,000 units * $210 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance …. Finding the right company can en. Fixed Budget Sales (14,000 units × $210 per unit) 2,940,000 Costs Direct materials 350,000 Direct labor 588,000 Indirect materials 378,000 Supervisor salary 150,000 Sales commissions 98,000 Shipping 210,000 Administrative salaries 200,000 Depreciation—Office equipment. Question: Tempo Company's fixed budget (based on sales of 12,000 units) follows. Fixed Budget Sales (12,000 units x $215 per unit) 2,580,000 Costs Direct materials 288,000 Direct labor 516,000 324,000 ৪৪, 000 ৪4, 000 168,000 138,000 108,000 78,000 88,000 Indirect materials Supervisor salary Sales commissions Shipping Administrative …. Tempo Company's fixed budget (based on sales of 12. Fixed Budget $2,592,000 Sales (12,000 units x $216 per unit) Cost of goods sold Direct materials $288,000 Direct labor 516,000 Production supplies Plant manager salary Gross profit Selling expenses Sales commissions 336,000 88,000. Workin Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter reveals the following. Fixed Budget Sales (14,000 units x unit) Cost of goods sold Direct materials $201 per $2,814,000 $322,000 602,000 392,000 122,000 Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales. 2,828,000 Fixed Budget Sales (14,000 units * $202 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 336,000 588,000 392,000. The budget is comprised of the annual operating budget and the FY 2024 - 2028 Capital Investment Plan (CIP). 2,828,000 Fixed Budget Sales (14,000 units X $202 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 350,000 588,000 378,000 …. Budget means the estimation of the sales and expenses of the company in the future from the proposed Exercise 8-3 (Static) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 7,000 units) follows. 000 units) folllows 6 2,520,000 25 points Fixed Budget Sales (12,000 units X $210 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales comissions Shipping Administrative salaries Depreciation office equipment Insurance office rent Income 8 0454:47 276,000. Required 1Prepare a flexible budget at activity …. Question: Tempo Company's fixed budget (based on sales of 16,000 units) folllows. 000 units) Cost of goods sold Direct materials Direct labor Production supplies Plant manager. 2) Compute the total fixed costs. 3,424,000 Fixed Budget Sales (16,000 units * $214 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance …. Variable Cost :— It is the cost that changes with change in units of activity. Managing your cash flow is essential for any business, big or small. Prepare a flexible budget at activity levels of 14,000 units and 18,000. Prepare flexible budgets following the format of Exhibit 21. VIDEO ANSWER: The question is about determining operating income for a certain number of units produced. Tempo Company’s fixed budget (based on sales of 7,000 units) for the first quarter reveals the following. TEMPO COMPANY Flexible Budget Flexible Budget for: Variable Amount Total Fixed Units Sales Unit Sales of per Unit Cost of8,000 12,000. Fixed Budget $3,248,000 $368,000 688,000 432,000 168,000 1,656,000 1,592,000 Sales (16,000 units X $203 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling …. If you’re wondering, “Who fixes recliners near. (1) Compute the total variable cost per unit. Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter reveals the following Fixed Budget $2,500,000 $380,000 516,000 312,000 100,000 1,228,000 1,352,800 Sales (12,000 units $215 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary. Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of calendar year 2017 reveals the following. Tempo Company's fixed budget (based on sales of 7,000 units) for the first quarter reveals the following. Are you looking to elevate your business’s image without breaking the bank? Consider investing in budget-friendly used limos for sale. Fixed Budget Sales (16,800 units * $203 per unit) 3,248, eee Costs Direct materials 384,000 Direct labor 688,000 Indirect materials 416,000 Supervisor salary 184,000 Sales commissions 144, eee Shipping 256,000 Administrative salaries 234, eee Depreciation-office. Compute (1) the total variable cost per unit, (2) total fixed costs, (3) income from operations for sales volume of 6,000 units, and (4) income from operations for sales volume of 8,000 units. Fixed Budget; This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Fixed Budget Sales (16,000 units * $205 per unit) $3,280,000 Cost of goods sold Direct materials $400,000 Direct labor 672,000 Production supplies 432,000 Plant manager salary. Sales (18, 000 units x $212 per unit) 3, 816, 060 Costs Direct materials 432,000 Direct. 3,440,000 Fixed Budget Sales (16,000 units * $215 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 368,000 688,000 448,000 168,000. Total Variable cost per unit = $ 177. Depreciation Office equipment. Fixed Budget $2,556,000 $288,000 528. 3,328,000 Fixed Budget Sales (16,080 units X $208 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance Office rent Income 384,800 688,000 432,000 184,000. od 2,000,000 Pixed Budget Sales (10,000 units X $200 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance …. Pixed Budget $3,360,000 $368,000 672,000 432,000 168,000 1,640,000 1,720,000 Sales (16,000 units x $210 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. Fixed BudgetSales (16,000 units × $209 per unit) $3,344,000 Cost of goods sold Direct materials $384,000 Direct labor 688,000 Production supplies 432,000 Plant manager salary 184,000 1,688,000 Gross profit 1,656,000. Total variable cost per unit is calculated as follows. Fixed Budget $2,150,000 $250,000 440,000 270,000 50,000 1,010,000 1,140,000 Sales (10,000 units * $215 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales. 3,280,000 Fixed Budget Sales (16,000 units X $205 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 400,000 688,000 416,000. Fixed Budget $2,150,000 $250,000 440,000 270,000 50,000 1,010,000 1,140,000 Sales (10,000 units * $215 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. Fixed Budget $2,800,000 $280,000 490,000 175,000 65,000 1,010,000 1,790,000 Sales (7,000 units X $ 400 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative. Fixed Budget Sales (10,000 units x $215 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income Sales Variable costs Direct labor. Fixed Budget Sales (12,000 units Costs × $209 per unit) 2,508,000 276,000 528,000 312,000 Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping 76,000 84,000 180,000 Administrative salaries 126,000 Depreciation Office equipment 96,000 Insurance 66,000 office rent 76,000 Income. This question hasn't been solved yet!. (4) Compute the income from operations for sales volume of 20,000 units. Fixed Budget Sales (16,000 units x $207 per unit) 3,312,000 Costs 384,000 Direct materials Direct labor 688,000 Indirect materials 416,000 184,000 Supervisor salary Sales commissions Shipping 112,000 240,000 234,000 Administrative salaries. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Compute total Tempo Company's fixed budget ( based on sales of 1 4 , 0 0 0 units ) . Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. This type of budget gives employees incentive to make sure th. Fixed Budget $3,456,000 $400,000 688,000 432,000 200,000 1,720,000 1,736,000 Sales (16,000 units) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit. Fixed Budget $3,798,000 $ 432,000 756. Fixed Budget $3,456,000 $368,000 688,000 432,000 168,000 1,656,000 1,800,000 Sales (16,000 units X $216 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales. Fixed Budget $ 2,898,000 $350,000 588,000 364,000 150,000 1,452,000 1,446,000 Sales (14,000 units X $207 per unit) Cost of goods sold Direct materials Direct. Fixed Budget Sales (18,000 units x $210 per unit) 3,780,000 Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping 432,000 756,000 504,000 232,000 144,000 270,000 Administrative salaries 282,000 252,000 222,000 232,000. Tempo Company's fixed budget (based on sales of 10,000 units) …. Fixed Budget Sales (10,000 units × $204 per unit) $ 2,040,000 Cost of goods sold Direct materials $ 230,000 Direct labor 430,000 Production supplies 270,000 Plant manager salary 30,000 960,000 Gross profit 1,080,000 Selling expenses Sales. Fixed BudgetSales (14,000 units × $207 per unit)2,898,000Costs Direct materials336,000Direct labor602,000Indirect materials364,000Supervisor salary136,000Sales. - The total sales revenue in the fixed budget is $3,360,000 calculated by multiplying the number of units (16,000) by the selling price per unit ($210). Exercise 21-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following. Fixed Budget Sales (14,000 units $218 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 3,052,000 322,000 602,000 378,000 122,000. Fixed Budget $2,800,000 $280,000 490,000 175,000 65,000 1,010,000 1,790,000 Sales (7,000 units * $400 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary. When it comes to adding a new garage to your property, it’s important to have a clear understanding of the costs involved. 000 units: Complete this question by entering your answers in the tabs below. 3,248,000 Fixed Budget Sales (16,000 units * $203 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance office rent Income 384,000 688,000 432,000 …. The budgeting act Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (16,800 units * $203 per unit) 3,248, eee Costs Direct materials 384,000 Direct labor 688,000 Indirect materials 416,000 Supervisor salary 184,000 Sales commissions. Phone companies have created a variety of ways for their customers to pay their bills. Fixed Budget Sales (16,000 units) $3,296,000 Cost, of goods, sold; Tempo Company's fixed budget based on sales of 12,000 units for the first quarter of calendar year 2017 reveals the following. 2,800,000 Fixed Budget Sales (14,800 units X $200 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance …. “Costs” refers to a figure that reflects. Tixed Budget Sales (18,000 units * $202 per unit) 3,636,000 Coats Direct materials 414,000 Direct labor 774,000 Indirect materials 468,000 Supervisor salary 214,000 Sales commissions 144,000 Shipping 252,000 Administrative salaries 260,000 Depreciation-office equipment. (3) Compute the income from operations for sales volume of 16,000 units. With the cost of traditional job advertising on the rise, many compa. Here is the Link Below:https://api. 3,780,000 Fixed Budget Sales (18,000 units * $210 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance Office rent 414,000 774,000 486,000 214,000. Fixed Budget Sales (12,000 units × $216 per unit) Costs Direct materials Direct labor 2,592,000 Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation–0ffice equipment Insurance 300,000 504,000 324,000 100,000 96,000 …. \table [ [Fixed Budget], [Sales units ×$217 per unit),2,170,000. Fixed Budget $3,080,000 $336,000 602,000 378,000 136,000 1,452,000 1,628,000 Sales (14,000 units X $220 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales. Tempo Company's fixed budget (based on sales of 18,000 units) for the first quarter of calendar year 2017 reveals the following. Budgeted units Budgeted selling price per unit 7,000 $400 $2,800,000 Fixed Budget Sales (7,000 units $400 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment. Question: Tempo Company's fixed budget (based on sales of 18,000 units) folliows. Fixed Budget Sales (16,000 units x $209 per unit) 3,344,000 Costs 384,000 Direct materials Direct labor Indirect materials 688,000 448,000 184,000 Supervisor salary Sales commissions Shipping 112,000 224,000 Administrative salaries 234,000 Depreciation-office equipment 204,000 …. $ 2,800,000 Fixed Budget Sales (7,000 units * $400 per unit) Costs Direct materials Direct labor Indirect …. 3,888,000 Fixed Budget Sales (18,000 units X $216 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent 450,000 756,000 504,000 250,000. Complete this question by entering your answers in the tabs. Tempo Company's fixed budget (based on sales of 7,000 units) for the first quarter of calendar year 2017 reveals the following. Tempo Company's fixed budget (based on sales of 14. 2,100,000 Fixed Budget Sales (10,000 units * $210 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance Office rent Income 240,000 440,000 270,000 40,000. Fixed Budget Sales (12,000 units $294 per unit) 2,448,000 Costs Direct materials 288,000 Direct labor 516,000 Indirect materials 324,000 Supervisor salary 88,000 Sales commissions 84,000. Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter of calendar year 2017 reveals the following. Budgeted units Budgeted selling price per unit Fixed Budget. Fixed Budget Sales (16,000 units × $212 per unit) $ 3,392,000 Cost of goods sold. Fixed Budget Sales (16,000 units * $208 per unit) 3,328,000 Costs Direct materials 384,000 Direct labor 704,000 Indirect materials 448,000 Supervisor salary 184,000 Sales commissions 128,000 Shipping 256,000 Administrative salaries 234,000 Depreciation-office equipment. Fixed Budget Sales (12,000 units × $214 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 2,568,000 288,000 528,000 336,000 88,000. Fixed Budget Sales (16,000 units) $ 3,264,000 Cost of goods sold Direct materials $ 368,000 Direct labor 688,000 Production supplies 432,000 Plant manager salary 168,000 1,656,000 Gross profit 1,608,000 Selling. 2,814,000 Fixed Budget Sales (14,000 units X $201 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 322,000 602,000 378,000 …. Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter of calendar year 2015 reveals the following. (4) Compute the income from operations. Tempo Company's fixed budget (based on sales of 10,000 units) follows. Tempo Company's fixed budget (based on sales of 18,000 units) for the first quarter reveals the following. (2) Compute the total fixed costs. Step 2: Since above Variable cost is based on 16,000 units, we can now compute the variable cost per unit. Fixed BudgetSales (16,000 units × $209 per unit) $3,344,000 Cost of goods sold Direct materials $384,000 Direct labor 688,000 Production supplies 432,000 Plant manager salary 184,000 1,688,000 Gross profit 1,656,000 Selling expenses Sales commissions 112,000 Packaging 256,000 Advertising. Prepare a flexible budget at activity levels of 6,000 units and 8,000 unit Complete this question by entering your answers in the tabs below. 000 1,340,000 Sales (12,000 units $213 per unit) Coat of goods sold Direct materials Direct labor. 8552556059 3,216,000 Fixed Budget Sales (16,000 units * $201 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment. Total Variable cost per unit = (Direct Material + Direct Labor + Sales commission + Indirect Labor + Shipping) / Total Units sold. Fixed Budget Sales (12,000 units × $205 per unit) $ 2,460,000 Cost of goods sold; This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. 2520 Sardis Road North, Suite 100, Charlotte, NC 28227. Fixed Budget Sales (12,000 units × $215 per unit) 2,580,000 Costs Direct materials 288,000 Direct labor 528,000 Indirect materials 324,000 Supervisor salary 88,000 Sales commissions 96,000 Shipping 192,000 Administrative. 2,110,000 Fixed Budget Sales (10,000 units X $211 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 230,000 420,000 270,000 30,000. Prepare a flexible budget at activity levels of 6,000 units and 8,000 units. \table[[Fixed Budget],[\table[[Sales units ×$208 per unit)],[Costs]],2,496,000 This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Question: Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter reveals the following. Assuming 12,000 units are produced, the budget will be flexible. Fixed Budget Sales (10,000 units x $215 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income Sales Variable costs Direct labor Indirect materials Sales commissions 1. Tempo Company's fixed budget (based on sales of 7,000 units) for the first quarter of calendar year 2017 reveals the following Fixed Budget $2,800,000 $280,000 490,000 175,000 65,000 1,010,000 1,790,000 Sales (7,000 units) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses. Transcribed Image Text: Tempo Company's fixed budget (based on sales of 14,000 units) folllows. Fixed BudgetSales (16,000 units × $209 per unit)3,344,000CostsDirect materials384,000Direct labor672,000Indirect materials448,000Supervisor salary184,000Sales. Complete the following flexible budgets for sales volumes of 6,000, 7,000, and 8,000 units. \ table [[, Fixed Budget], [Sales (1 4, 0 0 0 units. Complete the following flexible budgets for sales volumes of 14,000, 16,000, and 18,000 units. Fixed Budget Sales (16,000 units) $ 3,456,000 Cost of goods sold; This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. 2,898,000 Fixed Budget Sales (14,000 units * $207 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries. Tempo Company's fixed budget (based on sales of 10,000 units) for the first quarter reveals the following. Required 1Compute total variable cost per …. Fixed Budget Sales (14,000 units * $211 per unit) 2,954,000 Costs Direct materials 350,000 Direct labor 602,000 Indirect materials 378,000 …. If you have an oil tank on your property that needs to be removed, it is important to hire a professional and experienced oil tank removal company. Depreciation—Office equipment 220,000. Question: Tempo Company's flxed budget (based on sales of 7,000 units) follows. Question: Tempo Company's fixed budget (based on sales of 10,000 units) folllows. Tempo Company's fixed budget (based on sales of 16,000 units) Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Exercise 23-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter reveals the following Fixed Budget $2,544,000 $300,000 516,000 324,000 100,000 1, 240,000 1,304,000 Sales (12,000 units * $212 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager …. 2,020,000 Fixed Budget Sales (10,000 units * $202 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance office rent Income 250,000 430,000 270,000 50,000 80,000 150,000 100,000 70,000 40,000. A fixed asset register is a valuable tool that helps you keep track of all your company’. Fixed Budget $3,708,000 $450,000 756,000 486,000 250,000 1,942,000 1,766,000 Sales (18,000 units x $206 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling …. As the name suggests, flexible budget is a budgeting system where the estimated amou Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget $2,856,082 $336,800 616,800 378,000 136, 890 1,466,000 1,390,08 Sales (14,000 units x $284 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. Tempo Company's fixed budget ( based on sales of 1 0, 0 0 0 units) folllows. 2,100,000 Fixed Budget Sales (10,000 units * $210 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance Office rent Income 240,000 440,000 …. \table[[,Fixed Budget],[Sales units ×$212 per unit),2,544,000 Tempo Company's fixed budget ( based on sales of 1 2 , 0 0 0 units ) folllows. Fixed Budget $2,050,000 Sales (10,000 units) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary $230,000 420,000 270,000 30,000 950,000 1,100,000 Gross profit Selling expenses. 2,982,000 Fixed Budget Sales (14,800 units * $213 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 350,000 602,000 378,000 …. Fixed BudgetSales (16,000 units \times $203 per unit) 3,248,000Costs Direct materials 384,000Direct labor 672,000Indirect materials 432,000Supervisor salary 184,000Sales commissions 128,000Shipping 240,000Administrative salaries …. 000 1,340,000 Sales (12,000 units $213 per unit) Coat of goods sold Direct. Total Variable cost per unit = ($ 280,000 + $ 490,000 + $ 140,000 +1 75000 +154000) / 7000 units. $ 2,800,000 Fixed Budget Sales (7,000 units x $400 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance …. Compute total varlable cost per unlt. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Assuming 12,000 units are produced we have a flexible budget. phrj recent mugshots Exercise 21-3 Preparing flexible budgets LO P1. Tempo Company’s fixed budget (based on sales of 14,000 units) for the first quarter of calendar year 2015 reveals the following. Fixed Budget $3,038,000 $336,000 588,000 392,000 136,000 1,452,000 1,586,000 Sales (14,000 units x $217 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. \table[[,Fixed Budget],[Sales units ×$207 per unit),2,898,000 This problem has been solved! You'll get a detailed solution from a …. 3,780,000 Fixed Budget Sales (18,000 units * $210 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance Office rent 414,000 774,000 486,000 214,000 126,000 252,000 264,000 234,000 204,000 214,000 598,000. scroller twins 3,440,000 Fixed Budget Sales (16,000 units * $215 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 368,000 688,000 448,000 168,000 128,000. Tempo Company's fixed budget (based on sales of 1 2, 0 0 0 units) follows \ table [ [ , Fixed Budget ] , [ Sales units × $ 2 1 4 per unit ) , 2 , 5 6 8 , There are 3 steps to solve this one. premade fursuit head for sale Pixed Budget Sales (10,000 units * $204 per unit) 2,040,000 Costs Direct materials 230,000 Direct labor 430,000 Indirect materials 270,000 Supervisor salary 30,000 Sales. Whether your house needs electrical wiring or the power has gone out unexpectedly, electrician bills can add up. Fixed Budget $2,800,000 $280,000 490,000 175,000 65,000 1,010,000 1,790,000 Sales (7,000 units X $ 400 per unit) Cost of goods sold Direct materials Direct labor Production supplies. Fixed Budget Sales (10,000 units * $212 per unit) 2,120,000 Costs Direct materials 240,000 Direct labor 440,000 Indirect materials 270,000 Supervisor salary 40,000 Sales commissions 80,000 Shipping 140,000 Administrative salaries 90,000 Depreciation office equipment 60,000 …. Tempo Company's fixed budget (based on sales of 14,000 units) follows, Fixed Budget Sales (14,000 units * $204 per unit) 2,856,000 Costs Direct materials 350,000 Direct labor 588,000 Indirect materials 378,000 Supervisor salary 150,000 Sales commissions 126,000 Shipping 210,000 Administrative salaries 200,000 Depreciation-office. Tempo Company's fixed budget ( based on sales of 1 0, 0 0 0 units) follows. In today’s digital age, having a strong online presence is essential for any business looking to succeed. TEMPO COMPANY Flexible Budget Variable Amount Total Fixed Cost Flexible Budget for: Units Sales Unit Sales of of 14,000 18,000 per Unit Variable costs Fixed costs < Required 2 Required 3 >. Fixed Budget Sales (12,000 units × $218 per unit) $ 2,616,000 Cost of goods sold. Fixed Budget Sales (16,000 units × $202 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance Office rent Income 3,232,000 400,000 688,000 448,000 200,000 …. Tempo Company's fixed budget (based on sales of 7000 units) for the first quarter of calendar year 2017 reveals the following. (3) Compute the income from operations for sales volume of 12,000 units. Fixed Budget Sales (14,000 units \times $203 per unit. 3,852, 600 Fixed Budget Sales (18,eee units $214 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment. Fixed Budget $ 2,884,000 eBook $336,000 602,000 364,000 136,000 OA Hint 1,438,000 1,446,000 Sales (14,000 units) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit. Fixed Budget Sales (16,000 units × $206 per unit) Costs 3,296,000 368,000 Direct materials Direct labor 704,000 Indirect materials 416,000 168,000 Supervisor salary Sales commissions Shipping 128,000 240,000 Administrative salaries 218,000 Depreciation Office equipment. There are 4 steps to solve this one. Prepare a fiexale budget at activity leve4s of 10,000 units ands 14000 uniti Conplete this question by entering yeur answers in the tabs betow. Question: Tempo Company's fixed budget (based on sales of 14,000 units) follows. Loan amounts available up to $424,100. \table [ [Fixed Budget], [Sales units ×$218 per unit. Tempo Company’s fixed budget (based on sales of 7,000 units) for the first quarter of calendar year 2015 reveals the following. Fixed Budget $2,800,000 $280,000 490,000 175,000 65,000 1,010,000 1,790,000 Sales (7,000 units * $400 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative. Complete the following flexible budgets for sales volumes of 14,000, 16,000, and …. addition 1 Tempo Company's fixed budget (based on sales of 1 2, 0 0 0 units) folllows. With so many ferry companies offering services, it can be difficult to find the most cost-effe. Fixed Budget $2,800,000 $280,000 490,000 175,000 65,000 1,010,000 1,790,000 Sales (7,000 units * $400 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. 2,508,000 Fixed Budget Sales (12,000 units X $209 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 288,000 516,000 312,000 88,000 108,000 180,000 138,000 108,000 78,000 88,000. Fixed Budget Sales (14,000 units × $209 per unit) 2,926,000 Costs Direct materials 336,000. 20mm rounds for sale Answer of - in A 1 2 Tempo Company's fixed budget (based on sales of 7,000 units) follows. Fixed Budget Sales (18,000 units × $210 per unit) 3,780,000 Costs Direct materials 432,000 Direct labor 774,000 Indirect; This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Fixed Budget $2,954,000 $350,000 602,000 378,000 150,000 1,480,000 1,474,000 Sales (14,000 units * $211 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. Compute (1) the total variable cost per unit, (2) total fixed costs, (3) income …. 2,010,000 Fixed Budget Sales (10,000 units * $201 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance Office rent Income 230,000 430,000 280,000 …. \table[[,],[Sales units ×$204 periunit),2,856,000 Tempo Company's fixed budget ( based on sales of 1 4 , 0 0 0 units ) folllows. Total fixed costs < Required 1 Required 3 > Exercise 08-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter reveals the following. 3,424,000 Fixed Budget Sales (16,000 units x $214 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent 368,000 688,800 432,000 168,000. Traveling can be expensive these days, but you can take advantage of some clever ways to save big when going on a trip inside the United States. Tempo Company's fixed budget (based on sales of 7,000 units) follows. Complete the following flexible budgets for sales volumes of 12,000, 14,000, and 16,000 …. Fixed Budget Sales (7,000 units) $ 2,800,000 Cost of goods sold Direct materials $ 280,000 Direct labor 490,000 Production supplies 175,000 Plant manager salary 65,000 1,010,000 Gross profit 1,790,000 Selling. 3,472,000 Fixed Budget Sales (16,000 units * $217 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 384,000 704,000 432,000 …. The benefits of participative budgeting include creating budgets that are more easily achievable and increased morale. Fixed BudgetSales (16,000 units × $207 per unit) $3,312,000 Cost of goods sold Direct materials $368,000 Direct labor 672,000 Production supplies 448,000 Plant manager salary 168,000 1,656,000 Gross profit 1,656,000 Selling. Complete the following flexible budgets for sales volumes of …. Fixed Budget Sales (12,000 units) 10. ashby flatware set Prepare a flexible budget at activity levels of 1 0, 0 0 0 units and 1 4, 0 0 0 units. Fixed Budget $3,024,000 $322,000 616,000 378,000 122,000 1,438,000 1,586,000 Sales (14,000 units * $216 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. 3,942,000 Fixed Budget Sales (18,000 units X $219 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 432,000 774,000 468,000 232,000. Tempo Company's fixed budget (based on sales of 14,000 units) folllows. Question: Tempo Company's fixed budget (based on sales of 14,000 units) folllows. Total fixed costs = $1,172,000. Fixed Budget Sales (14,000 units x $203 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance Office rent Income 1. Fixed Budget $3,456,000 $368,000 688,000 432,000 168,000 1,656,000 1,800,000 Sales (16,000 units X $216 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. ) Tempo Company's fixed budget (based on sales of 20,000 units) follows. Prepare a flexible budget at activity levels of 1 2, 0 0 0 units and 1 6, 0 0 0 units. Fixed Budget $2,800,000 $280,000 …. A fixed rate mortgage also provides our homebuyers with better control and flexibility to budget their finances. $ 2,800,000 Fixed Budget Sales (7,000 units * $400 per unit) Costs Direct materials Direct labor Indirect. PLEASE PLEASE HELP!!!! Tempo Company's fixed budget (based on sales of 1 8, 0 0 0 units) folllows. 2,472,000 Fixed Budget Sales (12,000 units * $206 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance Office rent Income 300,000 504,000 324,000 …. Get four FREE subscriptions included with Chegg Study or Chegg Study Pack, and keep your school days running smoothly. The owner decides on a fixed budget, allocating $5,000 monthly for rent, $2,000 for utilities, $10,000 for employee salaries and $8,000 for inventory purchases. Question: Tempo Company's fixed budget (based on sales of 7,000 units) follows. 000 392,000 Production supplies 150,000 1,494,000 Plant manager salary 1,376,000 Gross profit Selling …. Question: Exercise 23-3 (Algo) Preparing flexible budgets LO P1Tempo Company's fixed budget (based on sales of 14,000 units) folllows. Fixed Budget Sales (12,000 units × $214 per unit) 2,568,000 Costs Direct. Exercise 21-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 18,000 units) follows. $ 2,800,000 Fixed Budget Sales (7,000 units * $400 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance …. Connect - Managerial Accounting Chapter 8. Fixed Budget Sales (10,000 units x $206 per unit) Costs Direct materials Direct labor Indirect materials …. $ 2,800,000 Fixed Budget Sales (7,000 units x $400 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office. Question: Tempo Company's fixed budget (based on sales of 7. Fixed Budget Sales (18,000 units × $217 per unit) $ 3,906,000 Cost of goods sold Direct materials $ 414,000 Direct labor 756,000 Production supplies 504,000 Plant manager salary 214,000 1,888,000 Gross profit 2,018,000 Selling expenses. Complete this question by entering your answers in the tabs below. 000 Direct labor 430,000 Indirect materials 260,000 Supervisor salary 40,000 Sales commissions 80,000 Shipping 140,000 Administrative salaries 90,000 Depreciation office equipment …. Fixed Budget $3,708,000 Sales (18,000 units) Cost of goods sold $432,000 Direct materials Direct labor Production supplies Plant manager salary 774,000 504,000 232,0001. Fixed Budget $2,100,000 $ 230,000 430,000 260,000 30,000 950,000 1,150,000 Sales (10,000 units X $210 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary. Exercise 8-3 (Static) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 7,000 units) follows. Here's some additional information related to Tempo Company's fixed budget: Fixed Budget: - The fixed budget is based on sales of 16,000 units. Fixed Budget $3,798,000 $432,000 792,000 486,000 232,000 1,942,000 1,856,000 Sales (18,000 units X $211 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling …. byrna self defense reviews Variable cost per unit = $117 per unit. 3,424,000 Fixed Budget Sales (16,000 units $214 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 368,000 704,000 432,000 168,000 128,000 240,000 218,000 188,000 158,000 168,000. Compute total varioble cost per unit. Fixed Budget Sales (14,000 units x $201 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions. o'reilly auto parts natchitoches louisiana \table [ [Fixed Budget], [Sales units ×$212 per unit),2,544,000. Fixed Budget $3,264,000 $400,000 688,000 432,000 200,000 1,720,000 1,544,000 Sales (16,000 units X $204 per unit) Cost of goods sold Direct materials Direct. com/message/4B6NMKKBKUFYN1?autoload=1&app_absent=0OrMy Whatsapp Number is:+919116641093If you want to Buy me a Co. Step 1 Budget refers to the estimation of the incomes and expenses for a specified future period as per the needs of the company and which may be re-evaluated according to the requirements. Tempo Company's fixed budget for the first quarter of calendar year 2010 reveals the following. 3,248,000 Fixed Budget Sales (16,000 units × $203 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 400,000 688,000 448,000. (Use cells A2 to D17 from the given information to complete this question. This means you have to pay for any other service. Fixed Budget $3,400,000 $384,000 688,000 432,000 184,000 1,688,000 1,720,000 Sales (16,000 units X $213 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. 17 Fixed Budget $3,942,000 8 01:47:09 $450,000 792,000 486,000 250,000 1,978,000 1,964,000 Sales (18,000 units X $219 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling. The holiday season is upon us, and one of the most anticipated events in every company’s calendar is the staff Christmas party. Fixed Budget $2,940,000 $336,000 602,000 392,000 136,000 1,466,000 1,474,000 Sales (14,000 units X $210 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling …. 2,020,000 Fixed Budget Sales (10,000 units * $202 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance office rent Income 250,000 430,000 …. Fixed Budget Sales (18,000 units) $ 3,816,000 Cost of goods sold Direct materials $ 432,000 Direct labor 792,000 Production supplies 468,000 Plant manager salary 232,000 1,924,000 Gross profit 1,892,000 Selling. Fixed Budget $2,100,000 $ 230,000 430,000 260,000 30,000 950,000 1,150,000 Sales (10,000 units X $210 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales. \begin{tabular}{lr} & \multicolumn{1}{c}{ Fixed Budget } \\ Sales (16, 000 units × $207 per. Question: Tempo Company’s fixed budget (based on Tempo Company’s fixed budget (based on sales of 7,000 units) for the first quarter of calendar year 2015 reveals the following. Exercise 08-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter reveals the following. Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter reveals the followi Fixed Budget $2,424,000 $288,000 516,000 336,000 88,000 1,228,000 1,196,000 Sales (12,000 units * $202 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales. Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 14,000 units and 18,000 units.  Tempo Company's fixed budget (based on sales of 1 4, 0 0 0 units) follows. Tempo Company's fixed budget ( based on sales of 1 4, 0 0 0 units) folllows. Compute total variable cost per unit. 00; 10, 15, 20, and 30 year terms available. Total fixed costs 686,000 Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 14,000 units) folllows. Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter reveals the following. When your air conditioning system breaks down unexpectedly, you need a reliable and efficient 24 hour AC repair company that can fix it quickly. Sales (16,000 units × $215 per unit) 3,440,000. Here's the best way to solve it. Budgeted units Budgeted selling price per unit $400 $2,800,000 7,000 Fixed Budget Sales (7,000 units X $400 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 280,000 490,000 175,000. 000 units $211 perserit) Costs Direct materials Direct Lloor Indirect materials Supervisor salary Sales commission Shipping Administrative salaries Deprecation-office equipment Twarance Officeret Trico 300. Fixed Budget $ 2,616,000 $ 288,000 516,000 312,000 88,000 1,204,000 1,412,000 Sales (12,000 units X $218 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses. Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following. By setting the fixed budget for the Account, you are setting the …. \begin {tabular} {|l|r|r|} \hline & Fixed Budget & Flexible Budget \\ …. repare a flexible budget at activity levels of 10,000. john deere 467 baler hp requirements Fixed Budget $2,800,000 $336,000 602,000 378,000 136,000 1, 452,000 1,348,000 Sales (14,000 units X $200 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses. (4) Compute the income from operations for sales volume of 14,000 units. Tempo Company's fixed budget (based on sales of 10,000 units) for the first quarter of calendar year 2015 reveals the following. 3,762,000 Fixed Budget Sales (18,000 units x $209 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 432,000 756,000 486,000 …. 3 that show variable costs per unit, fixed costs, and three different flexible budgets for sales volumes of 6, 000, 7, 000 6,000,7,000 6, 000, 7, 000, and 8,000 units. Prepare a flexible budget at activity levels of 12,000. Exercise 21-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter reveals the following Fixed Budget $2,556,000 $285,000 516,000 312,000 68,000 1,204,000 1, 352,000 Sales (12,000 units $213 per unit) Cost of goods sold Direct materials Direct labor. Fixed Budget $3,888,000 $414,000 774,000 468,000 214,000 1,870,000 2,018,000 Sales (18,000 units * $216 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. 2,110,000 Fixed Budget Sales (10,000 units * $211 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance …. 2,544,000 Fixed Budget Sales (12,000 units X $212 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent 288,000 516,000 324,000 88,000 …. For example, the cost per unit for direct materials is $336,000 divided by 14,000 units. Tempo Company's fixed budget (based on sales of 18,000 units) folllows Fixed Budget Sales (18, 000 units x $212 per Answered over 90d ago. Fixed Budget $3,472,000 $400,000 672,000 432,000 200,000 1,704,000 1,768,000 Sales (16,000 units * $217 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses …. ) There’s just one step to solve this. The purpose of a budget is to ensure that a household’s or business’s expenses do not amount to more than the income. Fixed Budget Sales (14,000 units × $203 per unit) 2,842,000 Costs Direct materials 350,000 Direct labor 588,000 Indirect materials 364,000 Supervisor salary 150,000 Sales commissions 98,000 Shipping 224,000 Administrative salaries 200,000 Depreciation—Office equipment. Fixed Budget Sales (10,000 units $219 per unit) 2,190,000 Costs Direct materials 240. Required 3Compute total variable cost per …. Asked by MinisterFangLlama16 on coursehero. Tempo Company's fixed budget (based on sales of 16,000 units) follows. There are 3 steps to solve this one. Question: Tempo Company's fixed budget (based on sales of 18,000 units) folllows. Fixed Budget $3,360,000 $360,000 688,000 432,000 168,000 1,656,000 1,704,000 BOK ant Sales (16,000 units * $210 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling. Fixed BudgetSales (16,000 units × $208 per unit)3,328,000Costs Direct materials384,000Direct labor672,000Indirect materials432,000Supervisor salary184,000Sales. Exercise 23-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. \table[[Fixed Budget],[\table[[Sales units ×$208 per unit)],[Costs]],2,496,000 This problem has been solved! You'll get a detailed solution from a subject …. 2,110,000 Fixed Budget Sales (10,000 units X $211 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 230,000 420,000 270,000 30,000 80,000 140,000 80,000 50,000 20,000 30,000 760,000 1. 3- Compute the income from operations for sales volume of 14,000 units. 2,884,000 Fixed Budget Sales (14,000 units X $206 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 322,000 616,000 378,000 …. Fixed BudgetSales (12,000 units \times $207 per unit) 2,484,000Costs Direct materials 300,000Direct labor 516,000Indirect materials 312,000Supervisor salary 100,000Sales commissions 84,000Shipping …. 2,100,000 Fixed Budget Sales (10,000 units * $210 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance Office rent Income 240,000 440,000 270,000. \table [ [Sales units ×$2θ1 per unit),3,618,6θθ. 150,000 Depreciation Office equipment. Fixed Budget Sales (12,000 units) $2,496,000 Cost of goods sold D; Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of calendar year 2015 reveals the following. Tempo Company's fixed budget (based on sales of 18,000 units) 42. 3,504,000 Fixed Budget Sales (16,000 units * $219 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 368,000 704,000 432,000 …. 2) Total Fixed costs= $980,000. TEMPO COMPANY Flexible Budget Flexible Budget for:. 2,544,000 Fixed Budget Sales (12,000 units X $212 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent 288,000 516,000 324,000 88,000 108,000. When it comes to choosing a cable and internet provider, there are many options on the market. 3,408,000 Fixed Budget Sales (16,000 units < $213 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance Office rent Income 384,000 704,000 448,000. Complete this question by entering your answers in the tabis below. xymox drum co reviews Fixed Budget Sales (12,000 units x $215 per unit) 2,580,000 Costs Direct materials 288,000 Direct labor 516,000 324,000 ৪৪, 000 ৪4, 000 168,000 138,000 108,000 78,000 88,000 Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries. Fixed Budget Sales (7,000 units) Cost of goods sold $2,800,000 Direct materials $280,000 490,000 Direct labor Production nupplies Plant manager salary 175,000 65,000 1,010,000 Groas. Fixed Budget Sales (18,000 units x $213 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance office rent Income Require 3,834,000 Required 2 Required 3 1. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. 3,780,000 Fixed Budget Sales (18,000 units * $210 per unit) Costs Direct materials Direct labor Indirect materials 4 Supervisor salary Sales commissions Shipping 432,000 756,000 504,000 232,000 144,000 270,000 282,000 252,000 222,000 232,000 454,000 Administrative salaries. Start by traveling by bus instead o. Total fixed costs < Required 1 Required 3 > Exercise 21-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Purpose: The purpose of this handout is to summarize the budgeting concepts contained within the chapter. Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter of calendar year 2017 reveals the following. 2,010,000 Fixed Budget Sales (10,000 units * $201 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance Office rent Income 230,000 430,000 280,000 30,000. Most homeowners, however, are unsure how much average costs they sh. 3,408,000 Fixed Budget Sales (16,000 units < $213 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance Office rent.