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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 2017. (Click
Bright Light Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2017. (Click the icon to view the information for the two products.) Calculate the revenues budget (label it Schedule 1) and the production budget in units (label it Schedule 2) for the year ending December 31, 2017. Begin by calculating the revenues budget (label it Schedule 1) for the year ending December 31, 2017. Schedule 1: Revenues Budget for the Year Ending December 31, 2017 Units Selling price Total revenues Knox Ayer Total Now calculate the production budget in units (label it Schedule 2) for the year ending December 31, 2017. Begin by selecting the labels, then enter the amounts. Schedule 2: Production Budget (in Units) Data Table for the Year Ending December 31, 2017 Knox Ayer Choose from any list or enter any number in the input fields and then continue to the next qu Product Knox Ayer Expected sales in units Selling price 21,800 13,000 $ 27 $ 37 Target ending inventory in units Beginning inventory in units 2,500 1,500 3,300 1,500 Print Done -
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