Fixed and Variable Cost Determinations Unit Cost Calculations The projected cost
ID: 2579387 • Letter: F
Question
Fixed and Variable Cost Determinations Unit Cost Calculations The projected cost of a lamp is calculated based upon te proiected 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 SB 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 2017 When cakculating projected increases round to SEVEN decimal places, $0.0000000 1. Material Costs are expected to increase by 3.50%. 2. Labor Costs are expected to increase by 300%. 3, Variable Overhead is expected to increase by 00%. 4. Fixed Overhead is expected to Increase to $255,000 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 5.50%, 7 Fixed selling expenses are expected to be $31,000 in 2017 8. Variable administrative expenses (measured aper lamp basis) are expected to Increase by 3.00%. On the following schedule develop the following figures: 1- 2017 Projected Variable Manufacturing Unit Cost of a lamp. 2 2017 Projected Variable Unit Cost per lamp 3- 2017 Projected Fixed Costs.Explanation / Answer
hi,
the answer taken out in the schedule is correct.
for any other queries please comment.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.