PLEASE HELP WITH 9.04-9.06 , 9.08-9.09 , 9.12

I See The Light Projected Income Statement For the Period Ending December 31, 20x1 I See The Light Projected Balance Sheet As of December 31,201 Current Assets Cash Accounts Receivable $34,710.00 Inventory Raw Material LampKitsWorkinProcess500@$16.0008,000.00$30.00 90,000.00$200,210.00 Fixed Assets Equipment Accumulated Depreciation 3000 @ $30.00 Total Fixed Assets Total Assets 13,200.00$213,410.00 Current Liabilities Accounts Payable Total Liabilities \begin{tabular}{cr} $54,000.00 \\ \hline$54,000.00 \end{tabular} Stockholder's Equity Common Stock Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity 159,410.00$213,410.00 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 3.00%. 2. Labor Costs are expected to increase by 4.00%. 3. Variable Overhead is expected to increase by 5.00%. 4. Fixed Overhead is expected to increase to $260,000. 5. Fixed Administrative expenses are expected to increase to $60,000. 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 $37,000 in 202. 8. Variable administrative expenses (measured a per lamp basis) are expected to increase by 3.50%. Variable Manufacturing Unit Cost \begin{tabular}{|r|c|r|} \multicolumn{1}{|c}{201 Cost } & Projected Percent Increase & 20x2 Cost Rounded to 2 Decimal Places \\ \hline 16 & 3.00% & $16.48 \\ \hline 2 & 4.00% & $2.08 \\ \hline 2 & 5.00% & $2.10 \\ \hline 20 & & \\ \hline & 3.80% & $20.66 \\ \hline \end{tabular} {4.01} {4.02} {4.03} Projected Variable Manufacturing Cost Per Unit {4.04} Total Variable Cost Per Unit {4.05} {4.06} {4.04} Projected Total Variable Cost Per Unit {4.07} Schedule of Fixed Costs Fixed Overhead (normal capacity of lamps@__) Fixed Selling Fixed Administrative Projected Total Fixed Costs {4.08} {4.09} {4.10} {4.11} 3 Direct Labor Budget Labor Cost Per Lamp Production Total Labor Cost (Round to two places, \$\#\#.\#\#) 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, \$\#\#.\#\#) Fixed Factory Overhead Total Factory Overhead (Round to two places, \$\#\#.\#\#) 4 Factory Overhead Budget Overhead Allocation rate based on: 1. Number of Units Total Factory Overhead / Number of Units (Round to two places, \$\#\#.\#\#) \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & $8.54 \\ \hline \end{tabular} {9.01} 5 Cost of making one unit next year Cost of one Lamp Kit Labor Cost Per Lamp Factory overhead per unit Total cost of one unit (Round to two places, $ \#\#\#\#) {9.02} {9.03} 6 Selling and Admin. Budget Fixed Selling Variable Selling (Round to two places, $ \$\#..\#\#) Fixed Administrative Variable Administrative (Round to two places, \$\#\#\#.\#\#) Total Selling and Administrative (Round to two places, $ \#\#\#.\#\#) \begin{tabular}{|l|l|l|l|l|} \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} {9.04} cust U1 Goods Sold Round dollars to two Budget {9.05} {9.06} Beginning Inventory, Finished Goods Production Costs: Materials: Lamp Kits: Beginning Inventory Purchased Available for Use Ending Inventory of Lamp Kits Lamp Kits Used In Production Total Materials: Labor Overhead Cost of Goods Available Less: Ending Inventory, Finished Goods Cost of Goods Sold {9.07} {9.08} {9.09} {9.10} {9.11} {9.12} {9.13} {9.14} I See The Light Projected Income Statement For the Period Ending December 31, 20x1 I See The Light Projected Balance Sheet As of December 31,201 Current Assets Cash Accounts Receivable $34,710.00 Inventory Raw Material LampKitsWorkinProcess500@$16.0008,000.00$30.00 90,000.00$200,210.00 Fixed Assets Equipment Accumulated Depreciation 3000 @ $30.00 Total Fixed Assets Total Assets 13,200.00$213,410.00 Current Liabilities Accounts Payable Total Liabilities \begin{tabular}{cr} $54,000.00 \\ \hline$54,000.00 \end{tabular} Stockholder's Equity Common Stock Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity 159,410.00$213,410.00 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 3.00%. 2. Labor Costs are expected to increase by 4.00%. 3. Variable Overhead is expected to increase by 5.00%. 4. Fixed Overhead is expected to increase to $260,000. 5. Fixed Administrative expenses are expected to increase to $60,000. 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 $37,000 in 202. 8. Variable administrative expenses (measured a per lamp basis) are expected to increase by 3.50%. Variable Manufacturing Unit Cost \begin{tabular}{|r|c|r|} \multicolumn{1}{|c}{201 Cost } & Projected Percent Increase & 20x2 Cost Rounded to 2 Decimal Places \\ \hline 16 & 3.00% & $16.48 \\ \hline 2 & 4.00% & $2.08 \\ \hline 2 & 5.00% & $2.10 \\ \hline 20 & & \\ \hline & 3.80% & $20.66 \\ \hline \end{tabular} {4.01} {4.02} {4.03} Projected Variable Manufacturing Cost Per Unit {4.04} Total Variable Cost Per Unit {4.05} {4.06} {4.04} Projected Total Variable Cost Per Unit {4.07} Schedule of Fixed Costs Fixed Overhead (normal capacity of lamps@__) Fixed Selling Fixed Administrative Projected Total Fixed Costs {4.08} {4.09} {4.10} {4.11} 3 Direct Labor Budget Labor Cost Per Lamp Production Total Labor Cost (Round to two places, \$\#\#.\#\#) 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, \$\#\#.\#\#) Fixed Factory Overhead Total Factory Overhead (Round to two places, \$\#\#.\#\#) 4 Factory Overhead Budget Overhead Allocation rate based on: 1. Number of Units Total Factory Overhead / Number of Units (Round to two places, \$\#\#.\#\#) \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & $8.54 \\ \hline \end{tabular} {9.01} 5 Cost of making one unit next year Cost of one Lamp Kit Labor Cost Per Lamp Factory overhead per unit Total cost of one unit (Round to two places, $ \#\#\#\#) {9.02} {9.03} 6 Selling and Admin. Budget Fixed Selling Variable Selling (Round to two places, $ \$\#..\#\#) Fixed Administrative Variable Administrative (Round to two places, \$\#\#\#.\#\#) Total Selling and Administrative (Round to two places, $ \#\#\#.\#\#) \begin{tabular}{|l|l|l|l|l|} \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} {9.04} cust U1 Goods Sold Round dollars to two Budget {9.05} {9.06} Beginning Inventory, Finished Goods Production Costs: Materials: Lamp Kits: Beginning Inventory Purchased Available for Use Ending Inventory of Lamp Kits Lamp Kits Used In Production Total Materials: Labor Overhead Cost of Goods Available Less: Ending Inventory, Finished Goods Cost of Goods Sold {9.07} {9.08} {9.09} {9.10} {9.11} {9.12} {9.13} {9.14}