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3.	For 20x2 the selling price per lamp will be $45.00. If the fixed cost increase by $45,000.00 how many lamps
	must be sold to breakeven?
	Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed)								{5.04}

I know its a lot but it is so appreciated!!!

I See The Light Projected Income Statement For the Period Ending December 31, 20x1 Sales 25,000 lamps @ $45.00 @ $30.00 $1,125,000.00 Cost of Goods Sold 750,000.00 Gross Profit Selling Expenses: Fixed 375,000.00 $23,000.00 75,000.00 98,000.00 Variable (Commission per unit) @ $3.00 Administrative Expenses: $42,000.00 50,000.00 Fixed $2.00 Variable 92,000.00 Total Selling and Administrative Expenses: 190,000.00 $ 185,000.00 Net Profit Projected Balance Sheet As of December 31, 20x1 Current Assets Cash 34,710.00 Accounts Receivable 67,500.00 Inventory Raw Material Lamp Kits Work in Process Finished Goods 500@ S16.00 8,000.00 3000 $30.00 90,000,00 Total Current Assets 200,210.00 Fixed Assets S 20,000.00 6,800.00 Equipment Accumulated Depreciation Total Fixed Assets S 13,200.00 Total Assets S 213,410.00 Current Liabilities Accounts Payable 54,000.00 Total Liabilities 54,000.00 Stockholder's Equity S 12,000.00 Common Stock Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity 147,410.00 159,410.00 S 213,410.00 Big Al is about to begin work on the budget for 20x2 and they have requested that you prepare an analysis based on the following assumptions Note: Remember, that we cannot sell part of a lamp, therefore to find the number of units you have to round up to the next complete unit. Furthuremore, to find the required sales in dollars it may be easier to find the number of units and then multiply by the selling price per unit For 20x2 the selling price per lamp will be $45.00. What is the projected contribution marqin and contribution margin ratio for each lamp sold? Contribution Margin per unit (Round to two places, $##. ## 15.01k 15.02 Contribution Margin Ratio (Round to four places,% is two of those places # #. ## % ) For 20x2 the selling price per lamp will be $45.00. The desired net income in 20x2 is $190,000. What would sales in units have to be in 20x2 to reach the profit goal? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed 5.03 4. For 20x2 the selling price per lamp will be $45.00. If the variable cost increase by $4.50 a unit how many lamps must be sold to breakeven? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) 6.01 5. For 20x2 the selling price per lamp will be $45.00. If the variable cost decreased by $4.50 a unit how many lamps must be sold to breakeven? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) 6.02) 6. If for 20x2 the selling price per lamp is increased to $49.50 a unit how many lamps must be sold to breakeven? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed) 7 If for 20x2 the selling price per lamp is decreased to $40.50 a unit how many lamps must be solo to breakeven? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unit if needed)

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