Hello,
please see attached, need help on section 9.
\fThe 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: Lamp Kit: $16.0000000 per lamp Direct Labor 2.0000000 perlamp (4 lamps/hr.) Variable Overhead: 2.0000000 perlamp Fixed Overhead: 10.0000000 perlamp (based on normal capacity of 25.000 lamps) Cost per lamp: $30.0000000 porlamp Expected increases for 20x2 When calculating projected increases round to TWO ($0.00) decimal places. 1. Material Costs are expected to increase by 5.50%% . 2. Labor Costs are expected to increase by 5.00. 3. Variable Overhead is expected to increase by 3.50%. 4. Fixed Overhead is expected to increase to $270,000. 5. Fixed Administrative expenses are expected to increase to $46,000. 6. Variable selling expenses (measured on a per lamp basis] are expected to increase by 4.00%. 7. Fixed selling expenses are expected to be $31,000 in 20x2. 8. Variable administrative expenses (measured a por lamp basis) are expected to increase by 6.00%. On the following schedule develop the following figures: 1- 20x2 Projected Variable Manufacturing Unit Cost of a lamp. 2- 20x2 Projected Variable Unit Cost per lamp. 3- 20x2 Projected Fixed Costs.Variable Manufacturing Unit Cost 20x1 Cost Projected Porcont 20x2 Cost Rounded to 2 Decimal Places Incropso Lamp Kh 16 5.6 $16.88 14.0 Labor 2 5 $2.10 Variable Overhead 3.5 $2.07 Projected Variable Manufacturing Cost Per Unit 20 $21.05 14.0 Total Variable Cost Per Unit 20x1 Cost Projected Percent 20x2 Cost Rounded to 2 Increase Decimal Places Variable Selling 3 4 3.12 Variable Administrative 2.12 44 0 Projected Variable Manufacturing Unit Cost 20 2.85 21.05 Projected Total Variable Cost Per Unit 25 3.16 26.29 14. Schedule of Fixed Costs 20x1 Cost Projected 2012 Cost Percent Increase Fixed Overhead 250000 8 270.090.00 (normal capacity of lamps @) Fixed Seling 23000 31.000.00 14.0 Fled Administrative 12000 48,000.00 14. Projected Total Fixed Costs 315000 347,000.00Big Al is about to begin work on the budget for 232 and Day have repeated ha you popre in dyals based on the following assumptions. Note Remember, that we cannot sel part of a lamp, therefore to find the number of units you have to round up to the need complete unit. Furtheromore, to find the required sales in dollars it may be easier to find the cumber of unite and then multiply by the solling price per unit. For 20x2 the selling price per lamp will be $45.00. What is the projected contribution margin and contribution Mein robo for each lamp sold? Contribution Margin per unit ( Round to two places, Sense) $18.71 (501) Contribution Margin Railo (Round to four places, % is two of those places #LV) 41.858 (602) 2 For 20x2 the selling price per lamp will be $45.00. The desired net income in 20%2 is $207,500. Writ would sales in uni's have to be in 20x2 to reach the profit coult Breakorvon salas in units (Since we unit if needed) 31 431 int (6 03) For 307 the selling price per lamp will be $4500. the food cost increase by $65 010 0) how many lamps Brendorvan sales in units (Since we cannot sell part of a unit round up to the next unit if needed)4. For 20 2 the seling price per lamp will be $45.00. If the variable cost increase by $6 50 a writ how many lamps must be sold to breakeven? Breakeven sales in units (Since we cannot well part of a unit round up to the next unit if needed) 24 419 unt (601) For 20:2 the selling price por lamp will be $45.00. If the variable cast decreased by $8 50 a unit how many lamps must be sold to breakueven? Broadoven sales in units (Since we cannot well part of a unit round up to the next unit if needed] (602) If for 20x2 the selling price per emp is increased to $51.80 a unit how many lamps must be sold Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) (6 03) If for 20x2 the selling price per lamp is decreased to $38 50 a unit how many lamps must be sold to breakevent Brontovon Silos hunts Save wecame tell partyblunt bond up to the meat unit if needed]The company wants to maintain the same number of units in the beginning and ending inventories of work-in-process, and electrical parts while increasing the inventory of Lamp Kits to 625 pieces and decmasing the finished goods by 20%%, Complete the following budgets 1 Production Budget Planned Sales Desired Ending Inventory of Finished Goods Total Needed Less: Beginning Inventory Total Production 26,400 units (7.01)2 Matorbis Budget Lan KY's Needed for Production 26,400 units Desired Ending Inventory 125 units (8 02) Total Needed 27.025 units (8 03) Less: Beginning Inventory 600 units (8 04) Total Purchases Cost per plooo 15.85 [8 05) Cost of Purchases (Round to two placos, SA#.##] 424,400.00 (8 05) 3 Ding Labor Andoat Labor Cost Por Lamp 2.10 (8 07) Production 24,400 units Total Labor Cost (Round to two places, $#8.##) 85,440.00 4 Factory Overhead Budget Variable Factory Overhead: Variable Factory Overhead Cost Per Unit Number of Units to be Produced Total Variable Factory Overhead (Round to two places, Sea #e) 54.6-48.00 Fixed Factory Overhead 270,000.00 (8 10) Total Factory Overhead (Round to two places, SHE.ny) 324.8-48.00 (8.11)Overhead Allocation rie based on: 1. Numberof Units Total Factory Overhead / Number of Units [Round to too places, See.de) $12.57 10.01} 5 Cost of making one ointment war Cool of one Lamp Ke Labor Cost Por Lamp $2.10 10.02 Factory overhead per unit 12 AT Total cost of one unk 31.85 (Round to too placos, See.de) 6 Sowing and Adamk. Audoor Flood Solling 90000 Variable Selling (Round to two places, See.##) 15.04] Fixed Administrative We-able Administrative (Round to two places. $84 AW) Total Selling and Administrative (Round to two places, Sep.".) (8.05 Ginnda Bold Round dolars to two Beginning Inventory. Finished Goods Production Costs: Materials: Lamp Kits: Beginning Immuntory Purchased Available for Use Ending Inventory of Lamp Kits (8.05] Lamp Kits Land in Production Total Materials: Labor (P.10) Overhead (8.11) Cost of Goods Available (9.12) Loss: Ending Inventory Finished Goods (.137 Cost of Goods Sold 18.14)

Question

Hello,

please see attached, need help on section 9.

\fThe 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: Lamp Kit: $16.0000000 per lamp Direct Labor 2.0000000 perlamp (4 lamps/hr.) Variable Overhead: 2.0000000 perlamp Fixed Overhead: 10.0000000 perlamp (based on normal capacity of 25.000 lamps) Cost per lamp: $30.0000000 porlamp Expected increases for 20x2 When calculating projected increases round to TWO ($0.00) decimal places. 1. Material Costs are expected to increase by 5.50%% . 2. Labor Costs are expected to increase by 5.00. 3. Variable Overhead is expected to increase by 3.50%. 4. Fixed Overhead is expected to increase to $270,000. 5. Fixed Administrative expenses are expected to increase to $46,000. 6. Variable selling expenses (measured on a per lamp basis] are expected to increase by 4.00%. 7. Fixed selling expenses are expected to be $31,000 in 20x2. 8. Variable administrative expenses (measured a por lamp basis) are expected to increase by 6.00%. On the following schedule develop the following figures: 1- 20x2 Projected Variable Manufacturing Unit Cost of a lamp. 2- 20x2 Projected Variable Unit Cost per lamp. 3- 20x2 Projected Fixed Costs.Variable Manufacturing Unit Cost 20x1 Cost Projected Porcont 20x2 Cost Rounded to 2 Decimal Places Incropso Lamp Kh 16 5.6 $16.88 14.0 Labor 2 5 $2.10 Variable Overhead 3.5 $2.07 Projected Variable Manufacturing Cost Per Unit 20 $21.05 14.0 Total Variable Cost Per Unit 20x1 Cost Projected Percent 20x2 Cost Rounded to 2 Increase Decimal Places Variable Selling 3 4 3.12 Variable Administrative 2.12 44 0 Projected Variable Manufacturing Unit Cost 20 2.85 21.05 Projected Total Variable Cost Per Unit 25 3.16 26.29 14. Schedule of Fixed Costs 20x1 Cost Projected 2012 Cost Percent Increase Fixed Overhead 250000 8 270.090.00 (normal capacity of lamps @) Fixed Seling 23000 31.000.00 14.0 Fled Administrative 12000 48,000.00 14. Projected Total Fixed Costs 315000 347,000.00Big Al is about to begin work on the budget for 232 and Day have repeated ha you popre in dyals based on the following assumptions. Note Remember, that we cannot sel part of a lamp, therefore to find the number of units you have to round up to the need complete unit. Furtheromore, to find the required sales in dollars it may be easier to find the cumber of unite and then multiply by the solling price per unit. For 20x2 the selling price per lamp will be $45.00. What is the projected contribution margin and contribution Mein robo for each lamp sold? Contribution Margin per unit ( Round to two places, Sense) $18.71 (501) Contribution Margin Railo (Round to four places, % is two of those places #LV) 41.858 (602) 2 For 20x2 the selling price per lamp will be $45.00. The desired net income in 20%2 is $207,500. Writ would sales in uni's have to be in 20x2 to reach the profit coult Breakorvon salas in units (Since we unit if needed) 31 431 int (6 03) For 307 the selling price per lamp will be $4500. the food cost increase by $65 010 0) how many lamps Brendorvan sales in units (Since we cannot sell part of a unit round up to the next unit if needed)4. For 20 2 the seling price per lamp will be $45.00. If the variable cost increase by $6 50 a writ how many lamps must be sold to breakeven? Breakeven sales in units (Since we cannot well part of a unit round up to the next unit if needed) 24 419 unt (601) For 20:2 the selling price por lamp will be $45.00. If the variable cast decreased by $8 50 a unit how many lamps must be sold to breakueven? Broadoven sales in units (Since we cannot well part of a unit round up to the next unit if needed] (602) If for 20x2 the selling price per emp is increased to $51.80 a unit how many lamps must be sold Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) (6 03) If for 20x2 the selling price per lamp is decreased to $38 50 a unit how many lamps must be sold to breakevent Brontovon Silos hunts Save wecame tell partyblunt bond up to the meat unit if needed]The company wants to maintain the same number of units in the beginning and ending inventories of work-in-process, and electrical parts while increasing the inventory of Lamp Kits to 625 pieces and decmasing the finished goods by 20%%, Complete the following budgets 1 Production Budget Planned Sales Desired Ending Inventory of Finished Goods Total Needed Less: Beginning Inventory Total Production 26,400 units (7.01)2 Matorbis Budget Lan KY's Needed for Production 26,400 units Desired Ending Inventory 125 units (8 02) Total Needed 27.025 units (8 03) Less: Beginning Inventory 600 units (8 04) Total Purchases Cost per plooo 15.85 [8 05) Cost of Purchases (Round to two placos, SA#.##] 424,400.00 (8 05) 3 Ding Labor Andoat Labor Cost Por Lamp 2.10 (8 07) Production 24,400 units Total Labor Cost (Round to two places, $#8.##) 85,440.00 4 Factory Overhead Budget Variable Factory Overhead: Variable Factory Overhead Cost Per Unit Number of Units to be Produced Total Variable Factory Overhead (Round to two places, Sea #e) 54.6-48.00 Fixed Factory Overhead 270,000.00 (8 10) Total Factory Overhead (Round to two places, SHE.ny) 324.8-48.00 (8.11)Overhead Allocation rie based on: 1. Numberof Units Total Factory Overhead / Number of Units [Round to too places, See.de) $12.57 10.01} 5 Cost of making one ointment war Cool of one Lamp Ke Labor Cost Por Lamp $2.10 10.02 Factory overhead per unit 12 AT Total cost of one unk 31.85 (Round to too placos, See.de) 6 Sowing and Adamk. Audoor Flood Solling 90000 Variable Selling (Round to two places, See.##) 15.04] Fixed Administrative We-able Administrative (Round to two places. $84 AW) Total Selling and Administrative (Round to two places, Sep.".) (8.05 Ginnda Bold Round dolars to two Beginning Inventory. Finished Goods Production Costs: Materials: Lamp Kits: Beginning Immuntory Purchased Available for Use Ending Inventory of Lamp Kits (8.05] Lamp Kits Land in Production Total Materials: Labor (P.10) Overhead (8.11) Cost of Goods Available (9.12) Loss: Ending Inventory Finished Goods (.137 Cost of Goods Sold 18.14)