please help with 9.01 & 9.02 thanks!! the other pages attached have the numbers needed to solve

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 40,750.00 142,500.00 $ 259,250.00 I See The Light Projected Balance Sheet As of December 31, 20x1 $ 34,710.00 67,500.00 4,600.00 625.00 Current Assets Cash Accounts Receivable Inventory Raw Material Figurines Electrical Sets Work In Process Finished Goods Total Current Assets Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets 500 @ $9.20 500 @ $1.25 0 3000 @ $28.9250 86,775.00 194,210.00 $ $ 20,000.00 6,800.00 13,200.00 S. 207.410.00 $ S 54,000.00 54,000.00 Current Liabilities Accounts Payable Total Liabilities Stockholder's Equity Common Stock Retained Eamings Total Stockholder's Equity Total Llabilities and Stockholder's Equity $ 12,000.00 141,410.00 153,410.00 207,410.00 $ F 22 A B D E F G H 8 The projected cost of a lamp is calculated based upon the projected increases or decreases to 9 current costs. The present costs to manufacture one lamp are: 10 11 Figurines $9.2000000 per lamp 12 Electrical Sets 1.2500000 per lamp 19 Lamp Shade 6.0000000 per lamp 20 Direct Labor 2.2500000 per lamp (4 lamps/hr.) 21 Variable Overhead: 0.2250000 per lamp Fixed Overhead: 10.0000000 per lamp (based on normal capacity of 25,000 lamps) 23 30 Cost per lamp: $28.9250000 per lamp 31 32 Expected increases for 20x2 33 When calculating projected increases round to SEVEN decimal places, 50.0000000. 34 41 1. Material Costs are expected to increase by 3.00% 42 43 2. Labor Costs are expected to increase by 3.00%. 44 45 3. Variable Overhead is expected to increase by 3.50%. 52 53 4. Fixed Overhead is expected to increase to $260,000 54 55 5. Fixed selling expenses are expected to be $39,000 in 20x2. 56 63 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 3.50% 65 66 7. Fixed Administrative expenses are expected to increase by $2,000. 67 The total administrative expenses for 20x0 were $40,625.00, when 74 22,500 units were sold. Use the High-Low method to calculate 75 the total fixed administrative expense. 76 77 8. Variable administrative expenses (measured on a per lamp basis) are expected to 78 increase by 5.00%. The total administrative expenses for 20x0 were 85 $40,625.00, when 22,500 units were sold. Use the High-Low method to calculate 86 the variable administrative expense per lamp. 87 64 9 Variable Manufacturing Unit Cost 20x1 Cost 20x2 Cost Rounded to 7 Decimal Places Projected Percent Increase 3% 3% 3% 9.2 1.25 6 $9.4760000 $1.2875000 $6.1800000 $2.3175000 $0.2328750 10 11 Figurines 12 Electrical Sets 13 Lamp Shade 15 Labor 16 Variable Overhead 17 18 Projected Variable Manufacturing Cost Per Unit 19 21 22 23 Total Variable Cost Per Unit {4.01) {4.02) {4.03) (4.04) {4.05) 3% 2.25 0.225 4% 18.925 $19.4938750 (4.06) 20x 1 Cost Projected Percent Increase 3.50% 20x2 Cost Rounded to 7 Decimal Places 3.15 0.0500000 3.2602500 (4.07) {4.08) 3.3102500 (4.09) 18.925 22.135 $19.49 26.0643750 {4.06) {4.10) 24 25 Variable Selling 27 Variable Administrative 20x1 28 Variable Administrative 20x2 29 30 Projected Variable Manufacturing Unit Cost 31 Projected Total Variable Cost Per Unit 33 34 35 36 Schedule of Fixed Costs 37 39 Fixed Overhead 40 (normal capacity of lamps 41 Fixed Seling 42 Fixed Administrative 20x1 43 Fixed Administrative 20x2 45 Projected Total Fixed Costs 46 20x1 Cost Projected Increase 20x2 Cost Rounded to 2 Decimal Places $ 269,100.00 260,000 25000 lamps @ 10 (4.11) 3.50% $ 39,000.00 39,500.00 $ $ 41,500.00 349,600.00 (4.12) {4.13) {4.14) (4.15) 2 Materials Budget (8.01) (8.02) Figurines Needed for Production Desired Ending Inventory Total Needed Less: Beginning inventory Total Purchases Cost per piece Cost of Purchases (Round to two places, Som.) From BIS 25,750 units 725 units 26475 units 500 units 25 975 units 9.476 246 139.10 (8.03) (8.04) $ {8.05) (8.06) Electrical Parts Needed for Production Desired Ending Inventory Total Needed Less: Beginning Inventory Total Purchases Cost per piece Cost of Purchases (Round to two places, Swe) 25750 5000 26.250 units 500 25,750 units 1 2875 3315313 $ (8.07) Lamp Shados - not inventoried they alive from the shop next door Just-in-time Needed for Production Desired Ending Inventory Total Needed Less: Beginning Inventory Total Purchases Cost per plece Cost of Purchasen (Round to two places, S.) 25750 500 26250 0 26250 618 159,135.00 (8.08) 35 36 37 43 44 45 46 47 53 54 55 56 57 63 64 65 66 67 73 74 75 76 77 83 84 85 B6 B7 93 3 Direct Labor. Budad Labor Cost Per Lamp Production Total Labor Cost (Round to two places, S. 38) 23175 25750) 59,675 63 (809) 4 Factory Overhead Budget Variable Factory Overhead Variable Factory Overhead Cost Per Unit Number of Units to be produced Total Variable Factory Overhead (Round to two places, S.) Fixed Factory Overhead 02228750 25780 5.9853 209 100 95 (810) 275.096550 (8.11) 97 90 90 100 Total Factory Overhead (Round to two places, SW.) Predetermined Factory Overhead Robed upon the budgeted DE F G H $ 5 Selling and Admin. Budget Fixed Selling Variable Selling (Round to two places, St##.##) Fixed Administrative Variable Administrative (Round to two places, S##.##) Total Selling and Administrative (Round to two places, $#####) lus 39,000.00 3.26025 39,500.00 0.05 $78,503.31 (9.01) 3.31 25000 6 Cost of Goods Sold Budget - Assume FIFO (First-tn, First-of) and overhead is appled based on the number of units to be produced Cost of making one unit.next year Material cost per unit Labor Cost Per Lamp Factory overhead per unit Total cost of one unit (Round to seven places, $###*****) Round dollars to seven places, $## 16.9435 2.3175 0.232875 $ 19.49387500 (9.02) Round dollars to two places Sa $ 86,775.00 (9.03) Materials: 4600 246139.1 250739.1 25750 750 $ 246, 139. 10 (9.04) Beginning Inventory, Finished Goods Production Costs: Figurines Beginning Inventory Purchased Available for Use Ending Inventory of Figurines Figurines Used In Production Electrical Parts Beginning Inventory Purchased Available for Use Ending Inventory of Electrical Parts Electrical Parts Used In Production Lamp Shades: Lamp Shades Used In Production Total Materials: Labor Overhead Cost of Goods Available Less: Ending Inventory, Finished Goods Cost of Goods Sold 625 33153.13 33778.13 $ 33 153.13 (9.05) $ $ $ $ $ $ $ 159.135.00 (9.06) 438.427 239.07) 59,675.63 (9.08) 275.096.54 |19.09) 859,974.40 (9.10) 86,775.00 (9.11) 773 199.40 (9.12) 3750 X