Firelight 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.$)$

Calculate $($a$)$ the budgeted unit costs of ending finished$-$goods inventory on December $31,2020($label it Schedule $6$A$)$ and $($b$)$ the ending inventories budget on December $31,2020($label it Schedule $6$B$).$

$($a$).$ Calculate the budgeted unit costs of ending finished$-$goods inventory on December $31,2020($label it Schedule $6$A$).($Round all dollar amounts to the nearest cent. Enter all input per unit of output amounts for direct manufacturing labor to two decimal places, and machine setup overhead to three decimal places.$)$

Schedule $6$A: Unit Costs of Ending Finished Goods$-$Inventory

December $31,2020$

$\backslash$table$[[,\backslash$table$[[$Cost per$],[$unit of input$]],$Product$],[,$Knox,Ayer$],[,\backslash$table$[[$Input per unit of$],[$output$]],$Total,$\backslash$table$[[$Input per unit of$],[$output$]],$Total$],[$Metal$,,$lbs$.,$Ibs.$],[$Fabric$,,$yard,yards$],[$Direct manufacturing labor,,hours,hours$],[$Machine setup overhead,,hours,hours$],[$Total$,,,,,]]$

$($b$).$ Calculate the ending inventories budget on December $31,2020($label it Schedule $6$B$).($Enter cost per unit amounts to the nearest cent.$)$

Schedule $6$B: Ending Inventories Budget December $31,2020$

Direct materials

Direct materials $-$ Metal

Direct materials $-$ Fabric

Total direct materials

Finished goods

$,$ Finished goods $-$ Knox

Total finished goods

Total ending inventory

Data table

$\backslash$table$[[,,$Product$],[,,$Knox,Ayer$],[$Target ending inventory in units,units,$1,200],[$Metal$,$$$,2$ per pound $($same as in $2019)],[$Fabric$,$$$,3$ per yard $($same as in $2019)],[$Direct manufacturing labor $$,18$ per hour$],[$Machine setup overhead,$140$ per hour$],[$Content of Each Product Unit$],[$Knox$,$Ayer$],[$Metal$,,6$ pounds,$7$ pounds$],[$Fabric$,,1\mathrm{.}00$ yard,$3\mathrm{.}00$ yards$],[$Direct manufacturing labor,,$0\mathrm{.}10$ hours,$0\mathrm{.}20$ hours$],[$Machine setup overhead,$\{$

$\backslash$table$[[0\mathrm{.}01$ hours $,0\mathrm{.}015$ hours$],[$Direct Materials$]]\}],[],[$Metal$,$Fabric$],[$Target ending inventory,,$8,000$ pounds,$1,000$ yards$]]$