Having trouble solving the portion that has to do with schedule of fixed costs.

I See The Light Projected Income Statement For the Period Ending December 31, 20x1 $ 1.125 000 00 750.000.00 $ 375 000 00 Sales 25,000 lamps @ $45.00 Cost of Goods Sold @ $30.00 Gross Proft Seling Expenses Fored Variable Commission per unit) $3.00 Administrative Expenses Fored Variable @ $2.00 Total Selling and Administrative Expenses $23,000.00 75,000.00 $ 98.000.00 $42.00000 50.000 00 92,000 00 $ 190.000,00 185,000.00 1 See The Light Projected Balance Sheet As of December 31, 20x1 Current Assets Cash Accounts Receivable 34,710 00 67,500.00 $16.00 8.000.00 500 3000 @ $30.00 $ 90 000 00 200 210.00 Raw Materia Lamp Kits Work in Process Finished Goods Total Current Assets Fred Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets $ 20.000,00 6.800.00 S 13.200.00 213.410 00 $ $ 54.000.00 54,000.00 Current Liabilities Accounts Payable Total Liabetes Stockholders Equity Common Stock Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity $ 12,000.00 147.410.00 $ 159.410.00 213.410.00 Page 3 ia Rodriguez PART 1 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 manufacture one lamp are: Lame Kit Direct Labor Variable Overhead Fixed Overhead: $160000000 per lamp 20000000 per lamp (4 lampshr.) 2 0000000 per lamp 10.0000000 per lamp (based on normal capacity of 25,000 lamps) Cost per lamp 30 D000000 per lang Expected increases for 20x2 When calculating projected increases round to TWO (5000) decimal places 1. Material Costs are expected to increase by 6.50% 2. Labor Costs are expected to increase by 4 50% 3. Variable Overhead is expected to increase by 6.50% 4. Fixed Overhead is expected to increase to $290,000 5. Fixed Administrative expenses are expected to increase to $52,000 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 3.50% 7. Fored selling expenses are expected to be $25,000 in 2012 8. Variable administrative expenses measured a per lamp basis) are expected to increase by 5.00% On the following schedule develop the following figures 1- 202 Projected Variable Manufacturing Unit Cost of a lamp. 2- 2012 Projected Variable Unit Cost per lamp 3.2012 Projected Fored Costs Isaiah Rodriguez 5469 See The Light, Inc Schedule of Projected Costs Variable Manufacturing Unit Cost 20x1 Cost Projected Percent Lamp kit 1665 2 45 2012 Cost Rounded to 2 Decimal Places $17.04 (401) $2.09 14021 52134.03) Labor Variable Overhead Projected Variable Manufacturing Cost Per Unit $21.26 (404) Total Variable Cost Per Unit 22 Cast Rounded to 2 Decimal Places 20x Cost Projected Percent Increase 3 3.5 25 Variable Selling Variable Administrative Projected Variable Manufacturing Unit Cost 2.10 (406) (404) Projected Total Variable Cost Per Unit 26.47 (4.07) Schedule of Fored Costs 20x1 Cost 2012 Cost Projected Percent Increase (408) Fixed Overhead (normal capacity of Fixed Seling Fixed Administrative lamps @_) (4.09) (4.10) Projected Total Fixed Costs (4.11)