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Use the information given in the first two photos to find the answers for the yellow boxes. IS Soe The Light Projected Income Statement For
Use the information given in the first two photos to find the answers for the yellow boxes.
IS Soe The Light Projected Income Statement For the Period Ending December 31, 20x1 PART 1 Fixed and Variable Cost Determinations Unit Cost Calculations The projoctod cost of a lamp is calculated based upon the projected increases or docreases to current costs. The present costs to manufacture one lamp are. Expected increases for 20x When calculating projected increases round to SEVEN docimal placos, $0.0000000. 1. Materlal Costs are expected to increase by 4.50%. 2. Labor Costs are expected to increase by 6.00%. 3. Veriable Overhead is expoctod to incroase by 4.50% 4. Fixed Overhead is expected to increase to $270,000 5. Fixed selling axpenses are expected to be $31,000 in 202 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 3.00%. 7. Fixed Administrative experses are expected to increase by $16,000. The total sdministrative expenses for 2000 were $40,625,00, when 22,500 units were sold. Use the High-Low method to calcuiate the total fixed administrative expense. 8. Variable administrative expenses (meesured on a per lamp basis) are expected to increase by 5.00%. The total administrative expenses for 2000 were $40,625.00, when 22,500 units were sold. Use the High-Low method to calculate the variable administrative expense per lamp. On the following schedrle develop the following figures: 1- 20x2 Projected Variable Manflacturing Unit Cost of a lamp 2. 20:2 Projected Variable Unit Ccet per lamp. 3- 202 Projectod Fixed Costs ISee The Light, Ine IS Soe The Light Projected Income Statement For the Period Ending December 31, 20x1 PART 1 Fixed and Variable Cost Determinations Unit Cost Calculations The projoctod cost of a lamp is calculated based upon the projected increases or docreases to current costs. The present costs to manufacture one lamp are. Expected increases for 20x When calculating projected increases round to SEVEN docimal placos, $0.0000000. 1. Materlal Costs are expected to increase by 4.50%. 2. Labor Costs are expected to increase by 6.00%. 3. Veriable Overhead is expoctod to incroase by 4.50% 4. Fixed Overhead is expected to increase to $270,000 5. Fixed selling axpenses are expected to be $31,000 in 202 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 3.00%. 7. Fixed Administrative experses are expected to increase by $16,000. The total sdministrative expenses for 2000 were $40,625,00, when 22,500 units were sold. Use the High-Low method to calcuiate the total fixed administrative expense. 8. Variable administrative expenses (meesured on a per lamp basis) are expected to increase by 5.00%. The total administrative expenses for 2000 were $40,625.00, when 22,500 units were sold. Use the High-Low method to calculate the variable administrative expense per lamp. On the following schedrle develop the following figures: 1- 20x2 Projected Variable Manflacturing Unit Cost of a lamp 2. 20:2 Projected Variable Unit Ccet per lamp. 3- 202 Projectod Fixed Costs ISee The Light, Ine Step by Step Solution
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