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Firelight Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020 BLE (Click the

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Firelight Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020 BLE (Click the icon to view the information for the two products.) Calculate the revenuen budget (label a 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 Units Selling price Total revenues Knox Ayer Total Now calculate the production budget in units (label it Schedule 2) for 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 Data Table - X dule Product hits 320 Knox Ayer 16,000 nox 21,900 24 $ 35 Expected sales in units Selling price Target ending inventory in units Beginning inventory in units 1,400 2,400 3,300 1,400 Print Done

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