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Brighter 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 Units Selling price Total revenues 25,900 $ 23 $ 595,700 11,000 42 462,000 $ 1,057,700 Knox Ayer 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 Choose from any list or enter any number in the input fields and then click Check Answer. Alberto beina Add beginning finished-goods inventory Add target ending finished-goods inventory Budgeted sales in dollars Budgeted unit sales Deduct beginning finished-goods inventory Deduct target ending finished-goods inventory Direct materials to be used in production Total required units Units of finished goods to be produced Data Table Product Knox Ayer 25,900 11,000 $ 23 $ 42 Expected sales in units Selling price Target ending inventory in units Beginning inventory in units 2,200 1,200 3,100 1,200 Print Done

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