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Can you please fill the yellow boxes for 5.01-5.04. Use the photos below. Note: Remember, that we cannot sell part of a lamp, therefore to

image text in transcribedCan you please fill the yellow boxes for 5.01-5.04. Use the photos below. image text in transcribedimage text in transcribedimage text in transcribed

Note: Remember, that we cannot sell part of a lamp, therefore to find the number of units you have to round up to the next complete unit. Furthuremore, to find the required sales in dollars it may be easier to find the number of units and then multiply by the selling price per unit. For 202 the selling price per lamp will be $45.00. What is the projected contribution margin and contribution marnin ratio for each lamn sold? Contribution Margin Ratio (Round to four places, % is two of those places \#\#\#\#) For 20x2 the selling price per lamp will be $45.00. The desired net income in 202 is $190,000. What For 202 the selling price per lamp will be $45.00. If the fixed cost increase by $35,000.00 how many lamps must he sold to hreakeven? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) I See The Light Projected Balance Sheet As of December 31, 20x1 Current Assets Cash Accounts Receivable Inventory Raw Material Lamp Kits Work in Process Finished Goods Total Current Assets Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets Current Liabilities Accounts Payable Total Liabilities Stockholder's Equity Common Stock Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity $34,710.00 67,500.00 500@$16.00 0 3000@$30.00 13,200.00$213,410.00 \begin{tabular}{cr} $54,000.00 \\ \hline$54,000.00 \end{tabular} $12,000.00 147,410.00 \begin{tabular}{rr} 159,410.00 \\ \hline$213,410.00 \\ \hline \hline \end{tabular} The projected cost of a lamp is calculated based upon the projected increases or decreases to current costs. The present costs to manufacture one lamp are: Expected increases for 202 When calculating projected increases round to TWO ($0.00) decimal places. 1. Material Costs are expected to increase by 2.50%. 2. Labor Costs are expected to increase by 5.50%. 3. Variable Overhead is expected to increase by 4.50%. 4. Fixed Overhead is expected to increase to $300,000. 5. Fixed Administrative expenses are expected to increase to $52,000. 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 6.50%. 7. Fixed selling expenses are expected to be $41,000 in 202. 8. Variable administrative expenses (measured a per lamp basis) are expected to increase by 3.00%. Variable Manufacturing Unit Cost Lamp Kit Labor Variable Overhead Projected Variable Manufacturing Cost Per Unit Total Variable Cost Per Unit Variable Selling Variable Administrative Projected Variable Manufacturing Unit Cost Projected Total Variable Cost Per Unit Schedule of Fixed Costs Fixed Overhead (normal capacity of lamps @_) Fixed Selling Fixed Administrative Projected Total Fixed Costs {4.01} {4.02} {4.03} {4.04} {4.05} {4.06} {4.04} {4.07} 202 Cost Projected Percent Increase \begin{tabular}{|l|l|ll|} \hline 10 & 30000 & $ & 300,000.00 \\ \hline & & & 41,000.00 \\ \hline & & $ & 52,000.00 \\ \hline & & $ & 393,000.00 \\ \hline \end{tabular} {4.08} {4.09} {4.10} {4.11}

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