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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 2020. (Click the icon

Iridescent 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 (1) the budgeted unit costs of ending finished-goods inventory on December 31, 2020 (label it Schedule 6A) and (2) the ending inventories budget on December 31, 2020 (label it Schedule 6B). (1). Calculate the budgeted unit costs of ending finished-goods inventory on December 31, 2020 (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, 2020 Metal Fabric Direct manufacturing labor Machine setup overhead Total Product Knox Cosp per unit of input Input per unit of output Total Ayer Input per unit of output Total lbs. lbs. yard yards hours hours hours hours Data table Product Knox Ayer Target ending inventory in units 1,600 600 Direct materials Metal $ 3 per pound (same as in 2019) Fabric $ 4 per yard (same as in 2019) Direct manufacturing labor $ 23 per hour Machine setup overhead $ 140 per hour Content of Each Product Unit Knox Ayer Metal 2 pounds 3 pounds Fabric 1.00 yard 2.00 yards Direct manufacturing labor 0.05 hours 0.30 hours Machine setup overhead 0.01 hours 0.012 hours Print Done Data table Target crumy mventory mures 1,000 Direct materials Metal $ 3 per pound (same as in 2019) Fabric $ 4 per yard (same as in 2019) Direct manufacturing labor $ 23 per hour Machine setup overhead $ 140 per hour Content of Each Product Unit Knox Ayer Metal 2 pounds 3 pounds Fabric 1.00 yard 2.00 yards Direct manufacturing labor 0.05 hours 0.30 hours Machine setup overhead 0.01 hours 0.012 hours Direct Materials Metal Fabric Target ending inventory 9,000 pounds 11,000 yards Print Done

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