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I need help with 5.03, 5.04, 6.02, 6.03, and 6.04. I'm not sure what I'm doing wrong please explain. Variable Manufacturing Unit Cost 20x1 Cost

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I need help with 5.03, 5.04, 6.02, 6.03, and 6.04. I'm not sure what I'm doing wrong please explain.

Variable Manufacturing Unit Cost 20x1 Cost Projected Percent 20x2 Cost Rounded to 2 Decimal Places Increase 5.5 {4.01 Lamp Kit 16 $16.88 {4.02 Labor $2.06 2 0.03 $2.06 Variable Overhead 0.03 {4.03) 2 {4.04 $21.00 Projected Variable Manufacturing Cost Per Unit Total Variable Cost Per Unit 20x1 Cost Projected Percent 20x2 Cost Rounded to 2 Decimal Places Increase Variable Selling (4.05 {4.06 (4.04 5.5 3.17 Variable Admin istrative 2 6 2.12 Projected Variable Manufacturing Unit Cost Projected Total Variable Cost Per Unit 26.29 (4.07) Schedule of Fixed Costs 20x2 Cost 20x1 Cost Projected Percent Increase (4.08 Fixed Overhead $ 265,000.00 lamps ) (normal capacity of {4.09 {4.10 Fixed Selling $ 23,000.00 $ 54,000.00 Fixed Administrative Projected Total Fixed Costs $ 342,000.00 (4.11 1. For 20x2 the selling price per lamp will be $45.00. What is the projected contribution margin and contribution margin ratio for each lamp sold? $18.71 Contribution Margin per unit (Round to two places, $##.##) (5.01 Contribution Margin Ratio (Round to four places,% is two of those places ##. ##%) 41.58% (5.02) 2. For 20x2 the selling price per lamp will be $45.00. The desired net income in 20x2 is $195,000. What would sales in units have to be in 20x2 to reach the profit goal? 28,701 units (5.03 Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) For 20x2 the selling price per lamp will be $45.00. If the fixed cost increase by $65,000.00 how many lamps 3. must be sold to breakeven? 21,753 units Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) (5.04 4 For 20x2 the selling price per lamp will be $45.00. If the variable cost increase by $6.50 a unit how many lamps must be sold to breakeven? 28,010 units Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) (6.01) 5 For 20x2 the selling price per lamp will be $45.00. If the variable cost decreased by $6.50 a unit how many lamps must be sold to breakeven? 13,566 units (6.02 Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) If for 20x2 the selling price per lamp is increased to $51.50 a unit how many lamps must be sold 6 to breakeven? 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 breakeven? 7. {6.04 Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) Variable Manufacturing Unit Cost 20x1 Cost Projected Percent 20x2 Cost Rounded to 2 Decimal Places Increase 5.5 {4.01 Lamp Kit 16 $16.88 {4.02 Labor $2.06 2 0.03 $2.06 Variable Overhead 0.03 {4.03) 2 {4.04 $21.00 Projected Variable Manufacturing Cost Per Unit Total Variable Cost Per Unit 20x1 Cost Projected Percent 20x2 Cost Rounded to 2 Decimal Places Increase Variable Selling (4.05 {4.06 (4.04 5.5 3.17 Variable Admin istrative 2 6 2.12 Projected Variable Manufacturing Unit Cost Projected Total Variable Cost Per Unit 26.29 (4.07) Schedule of Fixed Costs 20x2 Cost 20x1 Cost Projected Percent Increase (4.08 Fixed Overhead $ 265,000.00 lamps ) (normal capacity of {4.09 {4.10 Fixed Selling $ 23,000.00 $ 54,000.00 Fixed Administrative Projected Total Fixed Costs $ 342,000.00 (4.11 1. For 20x2 the selling price per lamp will be $45.00. What is the projected contribution margin and contribution margin ratio for each lamp sold? $18.71 Contribution Margin per unit (Round to two places, $##.##) (5.01 Contribution Margin Ratio (Round to four places,% is two of those places ##. ##%) 41.58% (5.02) 2. For 20x2 the selling price per lamp will be $45.00. The desired net income in 20x2 is $195,000. What would sales in units have to be in 20x2 to reach the profit goal? 28,701 units (5.03 Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) For 20x2 the selling price per lamp will be $45.00. If the fixed cost increase by $65,000.00 how many lamps 3. must be sold to breakeven? 21,753 units Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) (5.04 4 For 20x2 the selling price per lamp will be $45.00. If the variable cost increase by $6.50 a unit how many lamps must be sold to breakeven? 28,010 units Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) (6.01) 5 For 20x2 the selling price per lamp will be $45.00. If the variable cost decreased by $6.50 a unit how many lamps must be sold to breakeven? 13,566 units (6.02 Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) If for 20x2 the selling price per lamp is increased to $51.50 a unit how many lamps must be sold 6 to breakeven? 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 breakeven? 7. {6.04 Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed)

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