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Question: the projected cost of a lamp is calculated based upon...

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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: Figurines Electrical Sets Lamp Shade Direct Labor: Variable Overhead: Fixed Overhead: $9.2000000 per lamp 1.2500000 per lamp 6.0000000 per lamp 2.2500000 per lamp (4 lamps/hr.) 0.2250000 per lamp 10.0000000 per lamp (based on normal capacity of 25,000 lamps) Cost per lamp: $28 9250000 per lamp Expected increases for 20x2 When calculating projected increases round to SEVEN decimal places,s0.0000000. 1. Material Costs are expected to increase by 5.00% 2, Labor Costs are expected to increase by 6.00% 3. Variable Overhead is expected to increase by 4.50%. 4. Fixed Overhead is expected to increase to $285,000. 5. Fixed Administrative expenses are expected to increase to $60,000. 6. Variable selling expenses (measured on a per lamp basis) are expected to increase by 3.50%. 7. Fixed selling expenses are expected to be $37,000 in 20x2. 8. Variable administrative expenses (measured a per lamp basis) are expected to increase by 6.50%. On the following schedule develop the following figures 1- 20x2 Projected Variable Manufacturing Unit Cost of a lamp. 2 20x2 Projected Variable Unit Cost per lamp. 3- 20x2 Projected Fixed Costs.

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Schedule of Projecieu Cunu Projected Percent Increase 20x2 Cost Rounded to 7 Decimal Places 20x1 Cost Figurines Electrical Sets Lamp Shade Labor Variable Overhead (4.01) (4.02) 4.03) 4.04 14.05) (4.06) Projected Variable Manufacturing Cost Per Unit Projected Percent 20x1 Cost 20x2 Cost Rounded to 7 Decimal Places Variable Selling Variable Administrative Projected Variable Manufacturing Unit Cost (4.07) (4.08 (4.06 14.09) Projected Total Variable Cost Per Unit Projected Percent 20x2 Cost Rounded to 2 Decimal Places 20x1 Cost Increase (4.10 Fixed Overhead (normal capacity oflamps) Fixed Selling Fixed Administrative (4.12) 14.13) Projected Total Fixed Costs

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