TI6-5 (book/static) Question Help * imenez 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 cost of goods sold budget (label it Schedule 7); (2) the nonmanufacturing costs budget (label it Schedule 8); and (3) the operating income budget for the year ending December 31, 2017. (1). Begin by calculating (1) the cost of goods sold budget (label it Schedule 7) for the year ending December 31, 2017. Schedule 7: Cost of Goods Sold Budget for the Year Ending December 31, 2017