Managerial Accounting

Can anyone Help me with these, and include the calculations in order for me not to hardcode the numbers because I need to use the excel formulas.

Thank you

Project #2 Sales Projections in Units January February March April |May 13,402 45,819 44,164 53,722 52,482 Projected Sales Price/Unit $ 44.00 Monthly Projected Selling & Administrative Expenses Variable Cost/Unit $16.00 Fixed Costs $5,519 Production: Desired Ending Inventory Beginning Inventory (new business) 59.0% 0 Materials 64.6% 11.0 Desired Ending Inventory Number of Materials per Unit Projected Cost/Material Unit Beginning Inventory (new business) $23.00 Lo Direct Labor Time per Unit (in hours) Cost per Hour 1.00 $21.00 Manufacturing Overhead Variable Cost/Unit Fixed Costs $5.00 $5,625 SALES BUDGET January February March April Projected Sales in Units Selling Price per Unit |Anticipated Sales Dollars SELLING & ADMINISTRATIVE EXPENSE BUDGET January February March Sales in Units Variable S&A Rate/Unit Anticipated Variable Costs Fixed S&A Costs Total Anticipated Selling & Administrative Costs MATERIALS REQUIREMENTS BUDGET | January February March April Units to be Produced Material/Unit Total Production Need Desired Ending Inventory Total Materials Needed Beginning Inventory Total Materials Needed to be Purchased Cost per Unit of Material Total Material Cost Material/unit Cost per Unit of Material Cost of Material per Product DIRECT LABOR BUDGET January February March Number of Units Produced Direct Labor Hours/Unit Total Direct Labor Hours Needed Cost/Direct Labor Hour Total Direct Labor Cost Direct Labor Hours/Unit Cost/Direct Labor Hour Cost of Direct Labor per Product MANUFACTURING OVERHEAD BUDGET January February March Production in Units Variable OH Rate/Unit Anticipated VOH Costs Fixed OH Costs Total Anticipated OH Costs Predetermined OH Rate Total Estimated OH Costs (for the quarter) per DLH Total Estimated DLHs (for the quarter) MOH per Unit: Predetermined MOH rate DLHs per Unit MOH per Unit of Product PRODUCT COST PER UNIT Item Amount Direct Materials Direct Labor Manufacturing Overhead Total Unit Cost PROJECTED INCOME STATEMENT January February March Sales in Units Sales Revenue Cost of Goods Sold: Gross Profit (Margin) Selling and Administrative (Operating) Expenses Operating Income SENSITIVITY ANALYSIS (Print and submit AFTER submitting budget online) Situation #1: What would the effect be on the Projected Operating Income if you decreased your selling price by 7% to match a price change by one of your competitors? January February March Would you recommend this action? Yes No Reasoning/Rationale: Situation #2 What would the effect be on the Projected Operating Income if you decided to improve your product's quality by buying a raw material that cost 15% more than your current material? January February March Would you recommend this action? Yes No Reasoning/Rationale: Situation #3 What would the effect be on the Projected Operating Income if you decided to remove executive bonus' and decrease your Selling and Administrative costs by 6%. January February March Would you recommend this action? Yes No Reasoning/Rationale: Project #2 - Budgeting Learning Objectives: 1) Provide a comprehensive budgeting experience. 2) Exhibit the use of Excel in creating a master budget. 3) Utilize the project to perform sensitivity analysis. Learning Outcomes: 1) Understanding of the inter-relatedness of budgets. 2) Ability to utilize basic formula, cell references, and formatting. 3) Ability to perform sensitivity analysis and make decisions from that analysis. You need to enter a date here. Requirements: Done (x) 1) The numbers will automatically fill-in the Data Sheet. (2) PRINT the Data Sheet. 3) TYPE the numbers from the Data Sheet that you printed into your project's Data Sheet. Save your Excel file. 4) TURN IN your printed Data Sheet in class on _?????????? (or before). 5) Utilize your textbook, lecture notes, etc. to complete the budgets. a) You may not type any numbers on the budget worksheets. b) Utilize cell references to transfer numbers from the data sheet to the worksheets. c) Use formula to perform calculations. Ensure that the Income Statement shows a profit for each month. If not, change the selling price on the Data Sheet until a profit results for each month. 7) Once you have completed up through the Projected Income Statement, save your budget (as an xls or xlsx file) and submit it under the Assignments link for Project #2 Budgets. AFTER you have submitted your completed Project #2, you must use your budgeting worksheets to perform the three situational analyses listed on the "Sensitivity Analysis" worksheet (last page of the workbook). Once you have completed all three situations and entered your answers into the worksheet, save the file and upload it on Canvas under ASSIGNMENTS - Budget Sensitivity Analysis. Excel Help: Excel 2010 Help Excel 2016 Help