Please show your work. Only looking for the highlihgted boxes.

Variable Manufacturing Unit Cost Lamp Kit Labor Variable Overhead Projected Variable Manufacturing Cost Per Unit Total Variable Cost Per Unit Variable Selling Variable Administrative Projected Variable Manufacturing Unit Cost Projected Total Variable Cost Per Unit {4.01} {4.02} {4.03} {4.04} {4.05} {4.06} {4.04} 26.27 {4.07} Schedule of Fixed Costs Fixed Overhead (normal capacity of Fixed Selling Fixed Administrative Projected Total Fixed Costs lamps @_ ) 20x1 Cost Projected Percent Increase \begin{tabular}{|l|l|ll|} \hline & & $ & 255,000.00 \\ \hline & & & \\ \hline & & $ & 31,000.00 \\ \hline & & $ & 56,000.00 \\ \hline & & & \\ \hline & & $ & 342,000.00 \\ \hline \end{tabular} {4.08} {4.09} {4.10} {4.11} Projected Income Statement For the Period Ending December 31, 20x1 Sales Cost of Goods Sold Gross Profit Selling Expenses: Fixed Variable Administrative Expenses: Fixed Variable Total Selling and Administrative Expenses: Net Profit 25,000 lamps (a) $45.00 (a) $30.00 Commission per unit) @ $3.00 @ $2.00 $1,125,000.00 750,000.00 $375,000.00 \begin{tabular}{rr} $23,000.00 & \\ 75,000.00 & $98,000.00 \\ $42,000.00 & \\ 50,000.00 & 92,000.00 \\ \hline \end{tabular} 190,000.00$185,000.00 Current Assets Cash Accounts Receivable Inventory Raw Material Lamp Kits Work in Process Finished Goods Total Current Assets Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets Current Liabilities Accounts Payable Total Liabilities Stockholder's Equity Common Stock Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity $34,710.00 67,500.00 500@$16.00 8,000.00 0 3000@$30.00 $20,000.006,800.00 13,200.00$213,410.00 \begin{tabular}{ll} $54,000.00 \\ \hline$54,000.00 \end{tabular} $12,000.00 147,410.00 159,410.00$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 6.00%. 2. Labor Costs are expected to increase by 3.00%. 3. Variable Overhead is expected to increase by 5.00%. 4. Fixed Overhead is expected to increase to $255,000. 5. Fixed Administrative expenses are expected to increase to $56,000. 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 3.00%. 1. Material Costs are expected to increase by 6.00%. 2. Labor Costs are expected to increase by 3.00%. 3. Variable Overhead is expected to increase by 5.00%. 4. Fixed Overhead is expected to increase to $255,000. 5. Fixed Administrative expenses are expected to increase to $56,000. 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 3.00%. 7. Fixed selling expenses are expected to be $31,000 in 202. 8. Variable administrative expenses (measured a per lamp basis) are expected to increase by 3.00%. 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 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, \$\#\#\#) Variable Manufacturing Unit Cost Lamp Kit Labor Variable Overhead Projected Variable Manufacturing Cost Per Unit Total Variable Cost Per Unit Variable Selling Variable Administrative Projected Variable Manufacturing Unit Cost Projected Total Variable Cost Per Unit {4.01} {4.02} {4.03} {4.04} {4.05} {4.06} {4.04} 26.27 {4.07} Schedule of Fixed Costs Fixed Overhead (normal capacity of Fixed Selling Fixed Administrative Projected Total Fixed Costs lamps @_ ) 20x1 Cost Projected Percent Increase \begin{tabular}{|l|l|ll|} \hline & & $ & 255,000.00 \\ \hline & & & \\ \hline & & $ & 31,000.00 \\ \hline & & $ & 56,000.00 \\ \hline & & & \\ \hline & & $ & 342,000.00 \\ \hline \end{tabular} {4.08} {4.09} {4.10} {4.11} Projected Income Statement For the Period Ending December 31, 20x1 Sales Cost of Goods Sold Gross Profit Selling Expenses: Fixed Variable Administrative Expenses: Fixed Variable Total Selling and Administrative Expenses: Net Profit 25,000 lamps (a) $45.00 (a) $30.00 Commission per unit) @ $3.00 @ $2.00 $1,125,000.00 750,000.00 $375,000.00 \begin{tabular}{rr} $23,000.00 & \\ 75,000.00 & $98,000.00 \\ $42,000.00 & \\ 50,000.00 & 92,000.00 \\ \hline \end{tabular} 190,000.00$185,000.00 Current Assets Cash Accounts Receivable Inventory Raw Material Lamp Kits Work in Process Finished Goods Total Current Assets Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets Current Liabilities Accounts Payable Total Liabilities Stockholder's Equity Common Stock Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity $34,710.00 67,500.00 500@$16.00 8,000.00 0 3000@$30.00 $20,000.006,800.00 13,200.00$213,410.00 \begin{tabular}{ll} $54,000.00 \\ \hline$54,000.00 \end{tabular} $12,000.00 147,410.00 159,410.00$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 6.00%. 2. Labor Costs are expected to increase by 3.00%. 3. Variable Overhead is expected to increase by 5.00%. 4. Fixed Overhead is expected to increase to $255,000. 5. Fixed Administrative expenses are expected to increase to $56,000. 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 3.00%. 1. Material Costs are expected to increase by 6.00%. 2. Labor Costs are expected to increase by 3.00%. 3. Variable Overhead is expected to increase by 5.00%. 4. Fixed Overhead is expected to increase to $255,000. 5. Fixed Administrative expenses are expected to increase to $56,000. 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 3.00%. 7. Fixed selling expenses are expected to be $31,000 in 202. 8. Variable administrative expenses (measured a per lamp basis) are expected to increase by 3.00%. 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 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, \$\#\#\#)