te the revenues budget (label it Schedule 1) and the production budget in units (label it Schedule 2) for the year ending December 31, 2020. by calculating th Data table Sched for the Yea Unit 22, OX Expected sales in units 14, ver Selling price otal How calculate the pro Target ending inventory in units Beginning inventory in units Scl fo Product Knox Ayer 22,600 14,000 69 $ 30 $ 42 2,300 1,300 2,900 1,300 labels, then enter the am Print Done 7 8 K Bright Light 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. Begin by calculating the revenues budget (label it Schedule 1) for the year ending December 31, 2020. Schedule 1: Revenues Budget for the Year Ending December 31, 2020 Selling price Units 22,600 $ Knox Ayer 14,000 Total revenues 30 $ 678,000 42 588,000 $ 1,266,000 Total Now calculate the production budget in units (label it Schedule 2) for the year ending December 31, 2020. Begin by selecting the labels, then enter the amounts. Schedule 2: Production Budget (in Units) for the Year Ending December 31, 2020 Knox Ayer ges Calculator Ask my instructor Clear all Check answer