ive attached financial statements, please show calculations. i have to yse cell refrences

I See The Light Projected Balance Sheet As of December 31, 20x1 34,710.00 67,500.00 Current Assets Cash Accounts Receivable Inventory Raw Material Figurines Electrical Sets Work in Process Finished Goods Total Current Assets 500 @ $9.20 500 @ $1.25 0 3000 @ $28.9250 4,600.00 625.00 86,775.00 $ 194,210.00 Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets $ 20,000.00 6,800.00 13,200.00 $207,410.00 $ 54,000.00 54,000.00 Current Liabilities Accounts Payable Total Liabilities Stockholder's Equity Common Stock Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity $ 12,000.00 141.410.00 153.410.00 $ 207 410.00 Introduction FAQ 2 3 5 6 7 8 9 10 11 18 19 20 21 I See The Light Projected Income Statement For the Period Ending December 31, 20x1 $1,125,000.00 723,250.00 $ 401,750.00 Sales 25,000 lamps @ $45.00 Cost of Goods Sold @ $28.93 Gross Profit Selling Expenses: Fixed Variable (Commission per unit) @ $3.15 Administrative Expenses Total Selling and Administrative Expenses: Net Profit $ 23,000.00 78,750.00 $101,750.00 41,250.00 143,000.00 $ 258,750.00 3. 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: 0 11 Figurines $9.2000000 per lamp 12 Electrical Sets 12500000 per lamp 16 Lamp Shade 6.0000000 per lamp 17 Direct Labor 22500000 per lamp (4 lamps/hr.) 18 Variable Overhead: 0.2250000 per lamp 19 Fixed Overhead 10.0000000 per lamp (based on normal capacity of 25,000 lamps) 20 24 Cost per lamp $28.9250000 per lamp 25 26 Expected increases for 20x2 27 When calculating projected increases round to SEVEN decimal places, 50.0000000 28 32 1. Material Costs are expected to increase by 2.50% 33 34 2. Labor Costs are expected to increase by 5.50%. 35 36 3. Variable Overhead is expected to increase by 6.00%. 40 41 4. Fixed Overhead is expected to increase to 300,000 42 43 5. Fixed selling expenses are expected to be $35,000 in 202 48 6. Variable selling expenses (measured on a per lamp basis) are expected to increase 49 by 3.00% 50 51 7. Fixed Administrative expenses are expected to increase by $10,000. 52 The total administrative expenses for 20x0 were 541,205.00, when 56 23,500 units were sold. Use the High-Low method to calculate 57 the total fixed administrative expense. 58 59 8. Variable administrative expenses (measured on a per lamp basis) are expected to 60 increase by 6.50%. The total administrative expenses for 20x0 were 64 $41,205.00, when 23,500 units were sold. Use the High-Low method to calculate the variable administrative expense per lamp 67 On the following schedule develop the following figures: 68 1- 20x2 Projected Variable Manufacturing Unit Cost of a lamp. 72 73 2- 20X2 Projected Variable Unit Cost per lamp 44 65 66 74 75 76 3- 20X2 Projected Fixed Costs