Question

I See The Light Projected Income Statement For the Period Ending December 31, 20x1 $ 1,125,000.00 750,000.00 375,000.00 $ Sales 25,000 lamps @ $45.00 Cost of Goods Sold @ $30.00 Gross Profit Selling Expenses: Fixed Variable (Commission per unit) @ $3.00 Administrative Expenses: Fixed Variable @ $2.00 Total Selling and Administrative Expenses: Net Profit $ 23,000.00 75,000.00 $ 98,000.00 $ 42,000.00 50,000.00 92,000.00 $ 190,000.00 185,000.00 I See The Light 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 $

Please help with 9.01 - 10.10 Thank you very much!!! Let me know if you need any more information.

Answer 1

hope you find this helpul!

Number	Answer
9.01	9.93
9.02	2.11
9.03	12.4
9.04	112,476.00
9.05	77,168.00
9.06	278,644.00
9.07	90,000.00
9.08	31,200.00
9.09	605,268.00
9.10	76,804.00
9.11	361,440.00
9.12	1,043,512.00
9.13	115,200.00
9.14	928,312.00
10.01	447,844.00
10.02	202,500.00
10.03	319,680.00
10.04	522,180.00
10.05	102,895.56
10.06	2,244.00
10.07	105,139.56
10.08	417,040.44
10.09	180,000.00
10.10	597,040.44