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Bright Light Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2021. (Click
Bright Light Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2021. (Click the icon to view the information.) Calculate (1) the budgeted unit costs of ending finished-goods inventory on December312021 (label it Schedule 6A) and (2) the ending inventories budget on December312021 (label it Schedule 6B). Metal Fabric Direct manufacturing labour Machine setup overhead Total December 31, 2021 Product Information Knox Cost per unit of input Input per unit of output Total Ayer Input per unit of output Target ending inventory in units Knox 1,600 Ayer 600 Total Direct materials kg kg Metal $ 2 per kilogram (same as in 2020) m m Fabric $ 3 per metre (same as in 2020) hrs. hrs. hrs. hrs. Direct manufacturing labour $ Machine setup overhead 21 per hour $ 110 per hour (2). Calculate the ending inventories budget on December 31, 2021 (label it Schedule 6B). (Enter cost per unit amounts to the neare Schedule 6B: Ending Inventories Budget December 31, 2021 Direct materials Metal Fabric Finished goods Quantity Cost per unit Total Content of Each Product Unit Product Knox Ayer Metal Fabric 1 kilograms 2 kilograms 1 metre 2 metres Direct manufacturing labour Machine setup overhead 0.15 hours 0.2 hours 0.04 hours 0.06 hours Direct Materials Metal Fabric Target ending inventory 7,000 kilograms 4,000 metres
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