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Freight Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. The table depicts

Freight Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. The table depicts expected sales in units, selling price, target ending inventory in units, and beginning inventory in units for Knox and Ayer decorative lamps. The details of the table are as follows:Expected sales in unitsKnox: 22,100Ayer: 15,000Selling priceKnox: 29 dollarsAyer: 39 dollarsTarget ending inventory in unitsKnox: 2,200Ayer: 1,200Beginning inventory in unitsKnox: 3,300Ayer: 1,200Calculate the revenues budget (label it Schedule 1) and the production budget in units (label it Schedule 2) for year ending December 31, 2020

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