1)2)

Data table Product Knox Ayer Target ending inventory in units 1,800 800 Direct materials Metal $ 3 per pound (same as in 2019) 4 per yard (same as in 2019) $ Fabric manufacturing labor 21 per hour Machine setup overhead $ 140 per hour Content of Each Product Unit Knox Metal 1 pounds 1.00 yard Ayer 2 pounds 3.00 yards 0.25 hours Fabric Direct manufacturing labor Machine setup overhead 0.15 hours 0.032 hours 0.04 hours Direct Materials Metal Fabric Target ending inventory 15,000 pounds 3,000 yards Dazzling 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 Product Cosp per unit of input Knox Input per unit of output Ayer Input per unit of output Total Total Metal lbs. lbs. Fabric yard yards Direct manufacturing labor hours hours Machine setup overhead hours hours Total Data table Data table Direct materials Schedule 2: Production Budget (in Units) $ for the Year Ending December 31, 2020 Metal Fabric Direct manufacturing labor 2 per pound (same as in 2019) 3 per yard (same as in 2019) $ Knox Ayer $ 22 per hour Budgeted units sales 18,300 2,400 14,000 1,400 Content of Each Product Unit Add target ending finished goods inventory Total required units Product 20,700 2,700 15,400 1,400 Knox Ayer beginning finished goods inventory 18,000 14,000 Metal 4 pounds Units of finished goods to be produced 5 pounds 2.00 yards Fabric 1.00 yard Direct manufacturing labor 0.05 hours 0.15 hours Print Done Direct Materials Metal Fabric 10,000 pounds Beginning inventory Target ending inventory 8,000 yards 6,000 yards 8,000 pounds Sparkle Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. It expects to manufacture 18,000 Knox lamps and 14,000 Ayer lamps in 2020. The following data are available for the year 2020. E: (Click the icon to view the information.) |(Click the icon to view the December 31, 2020 production budget in units.) Calculate (a) the direct materials usage budget in quantity and dollars (label it Schedule 3A); (b) the direct materials purchase budget in quantity and dollars (label it Schedule 3B); and (c) the direct manufacturing labor costs budget (label it Schedule 4) for the year ending December 31, 2020. (a). Begin by calculating the direct materials usage budget in quantity and then in dollars (label it Schedule 3A) for the year ending December 31, 2020. Schedule 3A: Direct Material Usage Budget in Quantity and Dollars for the Year Ending December 31, 2020 Material Metal Fabric Total Physical Units Budget Direct materials required for Knox lamps lbs. yards Direct materials required for Ayer lamps lbs. yards Total quantity of direct materials to be used lbs. yards