Fixed and Variable Cost Determinations Unit Cost Calculations The projected cost of a lamp is calculated based upon the projected increases or decreases to current costs. The present costs to manaufacture one lamp are: Expected increases for 2023 : When calculating projected increases round to SEVEN decimals places, $0.0000000. 1. Material Costs are expected to increase by 3.50%. 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 $46,000. 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 5.5%. 7. Fixed selling expenses are expected to be $31,000 in 2023. 8. Variable administrative expenses (measured a per lamp basis) are expected to increase by 3.0%. On the following schedule develop the following figures: 1. 2023 Projected Variable Manufacturing Unit Cost of a lamp. 2. 2023 Projected Variable Unit Cost per lamp. 3. 2023 Projected Fixed Costs. Betty's Design Schedule of Projected Costs Variable Manufacturing Unit Cost Figurines Electrical Sets Lamp Shade Labor Variable Overhead Projected Variable Manufacturing Cost Per Unit Total Variable Cost Per Unit Variable Selling Variable Administrative Projected Variable Manufacturing Cost Per Unit Projected Total Variable Per Unit Schedule of Fixed Costs Fixed Overhead (normal capacity lamps@ Fixed Selling Fixed Administrative Projected Total Fixed Costs \begin{tabular}{|c|c|c|c|c|} \hline \multirow[t]{2}{*}{2022 Cost } & \begin{tabular}{l} Projected \\ Percent \\ Increase \\ \end{tabular} & & \begin{tabular}{c} 2023 Cost \\ Rounded to \\ 7 Decimal Places \\ \end{tabular} & \multirow[b]{2}{*}{4.01} \\ \hline & & % & & \\ \hline & & % & & {4.02} \\ \hline & & % & & {4.03} \\ \hline & & % & & {4.04} \\ \hline & & % & & {4.05} \\ \hline & & & & {4.06} \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multirow[t]{2}{*}{2022 Cost } & \begin{tabular}{c} Projected \\ Percent \\ Increase \\ \end{tabular} & & \begin{tabular}{c} 2023 Cost \\ Rounded to \\ 7 Decimal Places \\ \end{tabular} & \multirow{4}{*}{\begin{tabular}{l} {4.07} \\ {4.08} \\ {4.06} \end{tabular}} \\ \hline & & % & & \\ \hline & & % & & \\ \hline & & % & & \\ \hline & & & & {4.09} \\ \hline \end{tabular} \begin{tabular}{ccc} Projected & 2023 Cost & Ref \# \\ Percent & Rounded to \\ Increase & 7 Decimal Places & \end{tabular} {4.10} 2022 Cost