Homework: Ch 6, part2 Save Score: 0 of 1 pt 3 of 5 (1 complete) HW Score: 0%, 0 of 5 p T16-4 (similar to) Question Help Magnify 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.) Calculate (1) the budgeted unit costs of ending finished-goods inventory on December 31, 2017 (label it Schedule 6A) and (2) the ending inventories budget on December 31, 2017 (label it Schedule 6B). (1). Calculate the budgeted unit costs of ending finished-goods inventory on December 31, 2017 (label it Schedule 6A). (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 6A: Unit Costs of Ending Finished Goods-Inventory December 31, 2017 Product Knox Ayer Cost per Input per Input per unit of unit of unit of input output Total output Total Metal lbs. lbs. Fabric yard yards Direct manufacturing labor hrs. hrs Machine setup overhead hrs. hrs. Total Enter any number in the edit fields and then click Check Answer. i Data Table Product Knox Ayer Target ending inventory in units 1,500 500 Direct materials Metal $ 2 per pound (same as in 2016) Fabric $ 3 per yard (same as in 2016) Direct manufacturing labor $ 13 per hour Machine setup overhead $ 100 per hour Content of Each Product Unit Metal Fabric Direct manufacturing labor Machine setup overhead Product Knox Ayer 4 pounds 5 pounds 1 yard 2 yards 0.1 hours 0.15 hours 0.01 hours 0.024 hours Print Done x i Data Table Direct materials Metal Fabric Direct manufacturing labor Machine setup overhead $ 2 per pound (same as in 2016) $ 3 per yard (same as in 2016) $ 13 per hour $ 100 per hour Content of Each Product Unit Metal Product Knox Ayer 4 pounds 5 pounds 1 yard 2 yards 0.1 hours 0.15 hours 0.01 hours 0.024 hours Fabric Direct manufacturing labor Machine setup overhead Direct Materials Metal Fabric 9,000 pounds 2,000 yards Target ending inventory Print Done