Factory Overthead Budgef Overhead Allocation rate based on: 1. Number of Units Total Factory Overhead / Number of Units (Round to two places, S*\# \#\#) \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} (9.01) 5 Cost of making one unit next year Cost of one Lamp Kit Labor Cost Per Lamp Factory overhead per unit Total cost of one unit (Round to two places, Sinif.Hir) \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} (9.02) (9.03) 6. Selling and Admin. Budget Forod Solling Variable Selling (Round to two places, 5sm.nm ) Fixed Adminhtrative Variable Administrative (Round to two places, \$uin we) Total Selling and Administrative (Round to two places, sin =nin) (9.04) (9.05) (9.06) 7 Goods. Sold. Budinet Round dolars to two Beginning Inventory, Finished Goods Production Costs: Materials: Lamp Kits: Beginning Inventory Purchased Avalable for Use Ending Inventory of Lamp Kits Lamp Kits Used In Production Total Materials: Labor Ovemead Cost of Goods Avalable Less: Ending Inventory. Finished Goods Cost of Goods Sold places, sain wn {9.07 (9.08} (9.09) (9.10) (9.11) (9.12) (9.13) (9.14) PART 1 Fixed and Variable Cost Determinations Unit Cost Calculations The profected cost of a lamp is calculated based upon the projected increases or decreases to current costs. The present costs to mandacture one lamp are: Expected increases for 2002 When calculating projected increases round to TWO ($0.00) decimal places. 1. Material Costs are expected to increase by 4.00%. 2. Labor Costs are expected to increase by 6.00%. 3. Variable Overhead is expected to increase by 2.50%. 4. Flxed Overhead is expocted to increase to $255,000. 5. Fbed Administrative expenses are expected to increase to $56,000 6. Variable selling expenses (measured on a per lamp basis) are expected to increasch by 5.50%. 7. Fixed selling expenses are expected to be $33,000 in 202 8. Variable administrative expenses (measured a per lamp basis) are expected to incresse by 5.50%. On the following schedule develop the following figures: 1. 20.2 Projectod Variable Mantacturing Unit Cost of a lamp. 2. 2002 Projected Variable Unit Cost per Iamp. 3. 20a. Projected Fixed Costs