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Variable Manufacturing Unit Cost
	20x1 Cost	Projected Percent Increase	20x2 Cost Rounded to 2 Decimal Places
Lamp Kit				{4.01}
Labor				{4.02}
Variable Overhead				{4.03}
Projected Variable Manufacturing Cost Per Unit				{4.04}
Total Variable Cost Per Unit
	20x1 Cost	Projected Percent Increase	20x2 Cost Rounded to 2 Decimal Places
Variable Selling				{4.05}
Variable Administrative				{4.06}
Projected Variable Manufacturing Unit Cost				{4.04}
Projected Total Variable Cost Per Unit				{4.07}
Schedule of Fixed Costs
	20x1 Cost	Projected Percent Increase	20x2 Cost
Fixed Overhead				{4.08}
(normal capacity of _________ lamps @ __ )
Fixed Selling				{4.09}
Fixed Administrative				{4.10}
Projected Total Fixed Costs				{4.11}

I See The Light Projected Income Statement For the Period Ending December 31, 20x1 $45.00 $30.00 $ 1,125,000.00 750,000.00 $ 375,000.00 Sales 25,000 lamps @ Cost of Goods Sold @ Gross Profit Selling Expenses: Fixed Variable (Commission per unit) @ Administrative Expenses: Fixed Variable @ Total Selling and Administrative Expenses: Net Profit $3.00 $ 23,000.00 75,000.00 $ 98,000.00 $2.00 $ 42,000.00 50,000.00 92,000.00 $ 190,000.00 185,000.00 Projected Balance Sheet As of December 31, 20x1 $ 34,710.00 67,500.00 Current Assets Cash Accounts Receivable Inventory Raw Material Lamp Kits Work in Process Finished Goods Total Current Assets 500 @ $16.00 8,000.00 3000 @ $30.00 90,000.00 $ 200,210.00 Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets $ 20,000.00 6,800.00 13,200.00 $ 213,410.00 $ $ 54,000.00 54,000.00 Current Liabilities Accounts Payable Total Liabilities Stockholder's 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 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: Lamp Kit: Direct Labor: Variable Overhead: Fixed Overhead: $16.0000000 per lamp 2.0000000 per lamp (4 lampshr.) 2.0000000 per lamp 10.0000000 per lamp (based on normal capacity of 25,000 lamps) Cost per lamp: $30.0000000 per lamp Expected increases for 20x2 When calculating projected increases round to TWO ($0.00) decimal places. 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 2.00%. 4. Fixed Overhead is expected to increase to $260,000. 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 2.50%. 7. Fixed selling expenses are expected to be $25,000 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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