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Brighter Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. (Click the icon
Brighter Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. (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, 2020. Begin by calculating the revenues budget (label it Schedule 1) for the year ending December 31, 2020. Schedule 1: Revenues Budget for the Year Ending December 31, 2020 Knox Units Selling price Total revenues 25,900 $ 23 $ 595,700 11,000 42 462,000 $ 1,057,700 Ayer Total Now calculate the production budget in units (label it Schedule 2) for the year ending December 31, 2020. Begin by selecting the labels, then enter the amounts. Schedule 2: Production Budget (in Units) for the Year Ending December 31, 2020 Knox Ayer Choose from any list or enter any number in the input fields and then click Check Answer. Data Table Product Knox Ayer Expected sales in units 25,900 11,000 23 $ 42 Selling price Target ending inventory in units Beginning inventory in units 2,200 1,200 3,100 1,200 Print Done
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