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Shimmer Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. (Click the icon
Shimmer 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 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, 2020. Data table Product Knox Ayer Expected sales in units 22,200 9,000 Selling price 29 $ 45 Target ending inventory in units 1,500 500 Beginning inventory in units 2,700 500
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