i need someone to solve and answer each blank and make sure its understandable where i should put the answer to each blank. And for example when soloving a certain page let me know which page and which problem your solving when you give the answer to the blanks so i know where to fill it in. please help!

this is the first page of the project

89DHRBH56FB90123455 11 17 22 27 33 37 41 42 43 46 47 48 49 52 53 54 55 56 57 58 59 60 I See The Light Projected Income Statement For the Period Ending December 31, 20x1 25,000 lamps @ $45.00 @$30.00 $ 23,000.00 (Commission per unit) @ $3.00 75,000.00 $ 98.000.00 $ 42,000.00 50,000.00 @$2.00 92.000.00 Sales Cost of Goods Sold Gross Profit Selling Expenses: Fixed Variable Administrative Expenses: Fixed Variable Total Selling and Administrative Expenses: Net Profit Cument Assets Cash Accounts Receivable Inventory Raw Material Lamp Kits Work in Process Finished Goods Total Cument Assets Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets I See The Light Projected Balance Sheet As of December 31, 20x1 500 $16.00 0 3000 530.00 Current Liabilities Accounts Payable Total Liabilities Stockholder's Equity Common Stock Retained Eamings Total Stockholder's Equity Total Liabilities and Stockholders Equity $ 20,000.00 6.800.00 $ 12,000.00 147,410.00 $ 1,125,000.00 750,000.00 $375,000.00 190,000.00 $ 185,000.00 S 34,710.00 67,500.00 8,000.00 90.000.00 $ 200,210.00 13,200.00 $ 213.410.00 $ $ 54,000.00 54,000.00 159.410.00 $ 213.410.00 n PART 4 Process Costing - First-In First-Out General Information 10 The I See The Light Company has a related company that produces the figurines. They use process costing 11 in the molding department. The factory overhead is applied at a rate of 50% of direct labor dollars. 12 The material is added at the beginning of the process. The labor and overhead costs are assumed 14 to be added uniformly throughout. 15 16 17 18 20 21 22 Month of January 23 24 Selected information for January is presented below. Note that the applied overhead rate was 26 50% of direct labor costs in the molding department. 27 28 29 Molding Department 30 32 Goods in-process as of January 1 were 2,900 figurines at a cost of $48,140.00. Of this amount, $46,400.00 was from 33 raw materials added, $1,160.00 for labor and $580.00 for overhead. These 2,900 figurines were assumed to be 34 20.00% complete as to labor and overhead. 35 36 During January, 21,500 units were started, $347,655.00 of materials and $39,640.00 of labor costs were incurred. 38 39 The 5,000 figurines that were in-process at the end of January were assumed to be 20.00% complete to 40 labor and overhead. 41 42 All figurines in January passed inspection. 44 45 46 47 MOLDING 10 Physical Flow of Units 11 12 Work-in-Process - Beginning 13 Units Started this Period 16 Units to Account for 17 18 Total transferred out 19 Work-in-Process - Ending 20 Total Accounted for 26 27 30 31 Equivalent Units Material (Round to three places, ##.#.00) 39 Equivalent Units Conversion (Round to three places, ##.#.0) 40 41 51 Total cost in the Beginning Inventory (Round to two places, ##,###. 60 Total cost of Material this period (Round to two places, ##.###.##) 61 62 65 66 67 Total cost of Conversion this period (Round to two places, ##.###.##) 68 69 72 73 74 Total cost to account for (Round to two places, ##.888.) 75 76 77 78 Cost per equivalent unit of Material this period (Round to seven places, ...) 79 80 81 83 Cost per equivalent unit of Conversion this period (Round to seven places, ###. Introduction FAQ 11 PETERS5835889544495833388858885882ARRERASTESN 37 46 47 12 January 13 (12.01) (12.02) (12.03) (12.04) (12.05) (12.06) (12.07) (12.08) (12.09) (12.10) (12.11) (12.12) (12.13) + 84 85 86 87 88 89 90 Cost of the units transferred, material and convesion (Round to two places, S###.###.##) 91 92 93 94 95 96 97 98 Cost of the ending inventory, material and convesion (Round to two places, $###,###.## ) 99 100 101 Total Cost accounted for (Round to two places, $###,###.## ) 102 103 104 105 (12.14) (12.15) (12.16) 8 Job Order Costing 10 11 12 16 17 18 To keep records of the actual cost of a special order job, a Job Order Cost System has been developed. 19 Overhead is applied at the rate of 50% of the direct labor cost 20 24 26 Job Order Costing Section 27 28 On January 1, 20x2. Division S began Job 2407 for the Client, THE BIG CHILDREN STORE. The 32 job called for 4,000 customized lamps. The following set of transactions occured from 33 January 5 until the job was completed: 34 5-Jan Purchased 4,200 Lamp Kits @ $16.35 per kit 9-Jan 4,150 sets of Lamp Kits were requisitioned, including all those in the Beginning inventory. 17-Jan Payroll of 610 Direct Labor Hours $9.85 per hour. 30-Jan Payroll of 660 Direct Labor Hours @ $10.10 per hour. 30-Jan 3,990 lamps were completed and shipped. All materials requisitioned were used or scrapped, and are a cost of normal processing. Month End Overhead Information Actual Variable Manufacturing Overhead Actual Fixed Manufacturing Overhead $ 1,498.60 $ 40,623.45 Cost of Direct Material incurred in Manufacturing Job 2407 Cost of Direct Labor Incured in Manufacturing Job 2407 Cost of Manufacturing Overhead Applied to Job 2407 Cost of manufacturing one lamp Introduction FAQ -2=222222*****959939985858 838868NREARERR858838858 36 40 41 42 43 44 48 49 50 51 56 57 59 60 64 66 67 72 73 74 75 76 77 78 79 80 81 82 84 PART 5 87 11 Round to two places, 500.00 12 (13.01) (13.02) (13.03) (13.04) 13 I SEE THE LIGHT Background Information 10 11 I SEE THE LIGHT (ISTL) is a subchapter S corporation that manufactures children's lampsightlights for use in bedrooms. These lamps are sold nationwide through a group of independent sales representatives who have an exclusive sales region. The business is in its tenth year and has asked you to assist in planning for next year's operations. 12 13 14 15 16 17 18 The lamps are ceramic figurines of animals, boats, boys and girls playing and singing, all in delightful colors. The owner of the business, Big Al, creates a drawing for the figurine and faxes it to a plant in China where a mold is created and a sample produced and hand painted. If the mold meets the expectations of Big Al an order of 500 lamp parts is placed. Each lamp kit consists of the parts required to complete one lamp; a figurine, a lamp shade and the required electrical components. There are presently 10 different figurines that come in six different colors; 60 models. 19 20 21 22 There are presently 10 workers in the plant. They are responsible for receiving the raw material, 23 24 manufacturing the product, packing and shipping. In addition to Big Al there are two office workers who are responsible for all administrative duties. 25 26 27 Big Al had his accountant prepare the Projected Income Statement and Balance Sheet presented on page two. Big Al heard about your skills in managerial accounting and would like your assistance in the following 28 29 areas: 30 31 Part 1 Process Costing Job Order Costing 32 Part 2 33 34 35 To upload your work to Big Al the file without changing the name. Pay attention to the specific location that Excel saves the file. Return to the bottom of the page that you downloaded the file from: Cybertext.com, The Book List, Building Blocks of Accounting-A Managerial Perspective, Enter password, Upload Your Excel File. If you upload an bid version of the file the results will not update. 36 37 38 39 40 Keep two copies of your spreadsheet in two separate places in case one of Big Al's competitors sends someone to destroy your work or it is lost in transmission. You may find it easier to work on this project if you print a hard copy of all the pages. T6TB99