please help with only 6.01 - 6.04. thank you much!

I See The Light Projected Balance Sheet As of December 31, 20x1 34,710.00 67,500.00 Current Assets Cash Accounts Receivable Inventory Raw Material Figurines Electrical Sets Work in Process Finished Goods Total Current Assets 500 @ $9.20 500 @ $1.25 0 3000 @ $28.9250 4,600.00 625.00 86,775.00 $ 194,210.00 Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets $ 20,000.00 6,800.00 13,200.00 $ 207,410.00 $ $ 54,000.00 54,000.00 Current Liabilities Accounts Payable Total Liabilities Stockholder's Equity Common Stock Retained Eamings Total Stockholder's Equity Total Liabilities and Stockholder's Equity $ 12,000.00 141.410.00 153,410.00 207,410.00 $ The projected cost of a lamp is calculated based upon the projected increases or decreases to 3 current costs. The present costs to manufacture one lamp are: 0 1 Figurines $9.2000000 per lamp 2 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 22 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. Matenal 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 64 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 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 88 On the following schedule develop the following figures: 89 1- 20x2 Projected Variable Manufacturing Unit Cost of a lamp. 96 97 2- 20x2 Projected Variable Unit Cost per lamp 74 8 9 Variable Manufacturing Unit Cost 20x 1 Cost 20x2 Cost Rounded to 7 Decimal Places 9.2 1.25 Projected Percent Increase 3% 3% 3% 3% 4% 6 $9.4760000 $1.2875000 $6.1800000 $2.3175000 $0.2328750 (4.01) (4.02) (4.03) {4.04) (4.05) 2.25 0.225 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 18.925 $19.4938750 {4.06) 20x 1 Cost Projected Percent Increase 3.50% 20x2 Cost Rounded to 7 Decimal Places 3.2602500 (4.07) 3.15 0.0500000 {4.08) 3.3102500 (4.09) 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 18.925 22.135 $19.49 (4.06) 26.0643750 (4.10) 20x 1 Cost Projected Increaso 4% 20x2 Cost Rounded to 2 Decimal Places $ 269,100.00 (4.11) 260,000 25000 lamps 10.4 lamps @_) $ 39,000.00 37 39 Fixed Overhead 40 (normal capacity of 41 Fixed Selling 42 Fixed Administrative 20x1 43 Fixed Administrative 20x2 45 Projected Total Fixed Costs 46 39,500.00 (4.12) (4.13) {4.14) (4.15) $ $ 41,500.00 349,600.00 8 PART 2 Cost Volume Relationships - 9 Profit Planning 10 Big Al is about to begin work on the budget for 20x2 and they have requested that you prepare an analysis 11 based on the following assumptions. 14 Note: Remember, that we cannot sell part of a lamp, therefore to find the number of units you have to round 15 up to the next complete unit. Furthuremore, to find the required sales in dollars it may be easier to find the 16 number of units and then multiply by the selling price per unit. 17 181 For 20x2 the selling price per lamp will be $45.00. What is the projected contribution margin and contribution 21 margin ratio for each lamp sold? 22 23 24 26.064375 25 28 29 30 31 32 Contribution Margin per unit (Round to seven places. $####) $18.9356250 35 Contribution Margin Ratio (Round to seven places, % is two of those places #**%) 42.07917% 37 38 39 2 For 20x2 the selling price per lamp wil bo $45.00. How many lamps must be sold to breakoven? 42 45 minus (5.01) 36 (5.02) 45 26.064375 349,600 43 44 45 46 49 50 51 52 53 56 57 58 59 Breakeven sales in units (Round up to zero places w units) 18,463 units (5.03) 2 For 20x2 the selling price per lamp will be $45.00. How many lamps must be sold to breakeven? 45 26.064375 349,600/ Breakeven sales in units (Round up to zero places, t#####units) 18,463 units (5.03) . 33. For 20x2 the selling price per lamp will be $45.00. The desired operating income in 20x2 is $271,750. What 4 sales in units have to be in 20x2 to reach the profit goal? 5 6 7 271750 / 45 8 (349,600 271,7507/18.9356 39 FO 71 22 23 74 75 76 Sales in units (Round up to zero places, WOW units) 77 78 79 80 81 82 83 84 85 86 87 32.814 units (5.04) 4. For 20x2 the selling price per lamp will be $45.00. The company would like to have a operating income equal to 25.00% of sales. If that is to be achieved, what would be the sales in units in 20x2? Sales in units (Round up to zero places, ##### units) (6.01) 5. If the company believed that it could only sell 25,000 lamps, what would the new selling price have to be so that the new contribution margin per unit is equal to last year's contribution margin per unit? 25,000 2 New Selling Price (Round up to two places, str.) (6.02) For 20x2 the selling price per lamp will be $45.00 and the effective tax rate is 39%. How many units must be sold to generated a operating income of $200,000 after taxes? 16 3 3 0 1 2 3 7 58 59 50 31 55 36 7 37 58 B9 73 74 Sales in units (Round up to zero places, ## units) (6.03) If the company believes that the demand will be 27,500 units for the year. What selling price per lamp, founded to two places would generate a operating Income of $821,5002 If the company believed that it could only sell 25,000 lamps, what would the new selling price have to be so that the new contribution margin per unit is equal to last year's contribution margin per unit? 25,000 New Selling Price (Round up to two places, stat, ## (6.02) For 20x2 the selling price per lamp will be $45.00 and the effective tax rate is 39% How many units must be sold to generated a operating income of $200,000 after taxes? 28 5 29 33 34 35 36 37 41 42 43 44 6. 45 49 50 51 52 53 57 58 59 60 61 65 66 7 67 68 69 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 Sales in units (Round up to zero places, units) (6.03) If the company believes that the demand will be 27.500 units for the year. What selling price per lamp rounded to two places would generate a operating Income of $821,5002 Now selling price per lamp (Round up to two places, S, ## (6.04)