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Please assist with 5.03-5.04, and section 6.01-604 I cannot move past these two sections. I have included previous information and correct answers. fThe projected cost
Please assist with 5.03-5.04, and section 6.01-604
I cannot move past these two sections.
I have included previous information and correct answers.
\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 20x2 the selling price per lamp will be $45.00. Ifthe variable cost increase by $5.50 a unit how many lamps must be sold to breakeven? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) 25 704 unit {6.01} For 20x2 the selling price per lamp will be $45.00. lfthe variable cost decreased by $5.50 a unit how many lamps must be sold to breakeven? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) {6.02} If for 20x2 the selling price per lamp is increased to $51.50 a unit how many lamps must be sold 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? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) {6.04}Step by Step Solution
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