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Iridescent Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2017. Click the icon

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Iridescent 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 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, 2017 Begin by calculating the revenues budget (label it Schedule 1) for the year ending December 31, 2017. Schedule 1: Revenues Budget for the Year Ending December 31, 2017 Units Selling price Total revenues Knox Ayer Total H. Data Table Product Knox Ayer 20,300 12,000 $ 29 $ 45 Expected sales in units Selling price Target ending inventory in units Beginning inventory in units 1,600 600 2,900 600

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