just fill out theb yellow boxes please
PART 1 Fixed and Variable Cost Determinations Unit Cost Calculations 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 4.00%. 2. Labor Costs are expected to increase by 6.00%. 3. Variable Overhead is expected to increase by 2.50%. 4. Fixed Overhead is expected to increase to $255,000. 5. Fixed Administrative expenses are expected to increase to $56,000. 6. Variable selling expenses (measured on a per lamp basis) are expected to increase 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 increase by 5.50%. On the following schedule develop the following figures: 1- 202 Projected Variable Manufacturing Unit Cost of a lamp. 2. 202 Projected Variable Unit Cost per lamp. 3- 202 Projected Fixed Costs. 17 Divion N hals decided to develop its budget based upon projected saies of 37,000 lamps at $5300 eer lame 19. The compary has requethed that you prepare a master budget for the year. Thes budget is to be used 20 for planning and control of ecerations and should be composed of: 31 Production Budget 32 33 2. Materals Budpet 34. 3 . Orect tabor Budpet. 453 46 47 45 40 4. Factory Overhead Budget 5. Seling and Administrove Budget 6. Cont of Coodr Sold Budget 7. Budgeled income statement 8. Cash Budger 74 Notes for Aubpeting 76 27. The combany wants to mantan the same number of units in the begning and ending inventodes of III woden-poctess, and electical parts whie increasing the inventory of Lare Kits to 650 pieces and Q6 deorating the finiahed goods by 20N 2 Materials Budget Lamp Kes Needed for Production Desired Ending Inventory Total Needed Less: Beginning inventory Total Purchases Cost per piece Cost of Purchases (Round to two places, SHA. en) \begin{tabular}{|l|l|} \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} (8.01) (8.02) (8.03) (8.04) (8.05) (8.06) 3 Direct Labor Budget Labor Cost Per Lamp Production Total Labor Cost (Round to two places, sanas) 4 Eactor Ovehead Budges Variable Factory Ovothead: Variable Factory Overhead Cost Per Unit Number of Units to be Produced Total Variable Factory Ovemead (Round to two places, sta ain) Fled Factory Overhead Total Factory Overhead (Round to two places, 5A\# \#\#) \begin{tabular}{|l|l|} \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} (8.07) (8.08) (8.09) (8.10) (8.11) Plvision N has decided to develop its budget based upon projected sales of 37,000 lamps at $53.00 per lamp. The company has requested that you prepare a master budget for the year. This budget is to be used or planning and control of operations and should be composed of: 1. Production Budget 2. Materials Budget 3. Direct Labor Budget 4. Factory Overhead Budget 5. Selling and Administrative Budget 6. Cost of Goods Sold Budget 7. Budgeted Income Statement 8. Cash Budget Notes for Budgeting: The company wants to maintain the same number of units in the beginning and ending inventories of PART 1 Fixed and Variable Cost Determinations Unit Cost Calculations 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 4.00%. 2. Labor Costs are expected to increase by 6.00%. 3. Variable Overhead is expected to increase by 2.50%. 4. Fixed Overhead is expected to increase to $255,000. 5. Fixed Administrative expenses are expected to increase to $56,000. 6. Variable selling expenses (measured on a per lamp basis) are expected to increase 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 increase by 5.50%. On the following schedule develop the following figures: 1- 202 Projected Variable Manufacturing Unit Cost of a lamp. 2. 202 Projected Variable Unit Cost per lamp. 3- 202 Projected Fixed Costs. 17 Divion N hals decided to develop its budget based upon projected saies of 37,000 lamps at $5300 eer lame 19. The compary has requethed that you prepare a master budget for the year. Thes budget is to be used 20 for planning and control of ecerations and should be composed of: 31 Production Budget 32 33 2. Materals Budpet 34. 3 . Orect tabor Budpet. 453 46 47 45 40 4. Factory Overhead Budget 5. Seling and Administrove Budget 6. Cont of Coodr Sold Budget 7. Budgeled income statement 8. Cash Budger 74 Notes for Aubpeting 76 27. The combany wants to mantan the same number of units in the begning and ending inventodes of III woden-poctess, and electical parts whie increasing the inventory of Lare Kits to 650 pieces and Q6 deorating the finiahed goods by 20N 2 Materials Budget Lamp Kes Needed for Production Desired Ending Inventory Total Needed Less: Beginning inventory Total Purchases Cost per piece Cost of Purchases (Round to two places, SHA. en) \begin{tabular}{|l|l|} \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} (8.01) (8.02) (8.03) (8.04) (8.05) (8.06) 3 Direct Labor Budget Labor Cost Per Lamp Production Total Labor Cost (Round to two places, sanas) 4 Eactor Ovehead Budges Variable Factory Ovothead: Variable Factory Overhead Cost Per Unit Number of Units to be Produced Total Variable Factory Ovemead (Round to two places, sta ain) Fled Factory Overhead Total Factory Overhead (Round to two places, 5A\# \#\#) \begin{tabular}{|l|l|} \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} (8.07) (8.08) (8.09) (8.10) (8.11) Plvision N has decided to develop its budget based upon projected sales of 37,000 lamps at $53.00 per lamp. The company has requested that you prepare a master budget for the year. This budget is to be used or planning and control of operations and should be composed of: 1. Production Budget 2. Materials Budget 3. Direct Labor Budget 4. Factory Overhead Budget 5. Selling and Administrative Budget 6. Cost of Goods Sold Budget 7. Budgeted Income Statement 8. Cash Budget Notes for Budgeting: The company wants to maintain the same number of units in the beginning and ending inventories of
