Dazzling Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data...

Transcribed Image Text:

Dazzling Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2021. (Click the icon to view the information.) Calculate (1) the budgeted unit costs of ending finished-goods inventory on December312021 (label it Schedule 6A) and (2) the ending inventories budget on December312021 (label it Schedule 6B). Dazzling Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2021. (Click the icon to view the information.) Calculate (1) the budgeted unit costs of ending finished-goods inventory on December312021 (label it Schedule 6A) and (2) the ending inventories budget on December3120. (1). Calculate the budgeted unit costs of ending finished-goods inventory on December 31, 2021 (label it Schedule 6A). (Round labour to two decimal places, and machine setup overhead to three decimal places.) Schedule 6A: Unit Costs of Ending Finished-Goods Inventory Metal Fabric Direct manufacturing labour Machine setup overhead Total Information Product December 31, 2021 Metal Knox Product Knox Cost per unit of input Input per unit of output Total Ayer Input per unit of output Target ending inventory in units 1,800 Ayer 800 Fabric Direct manufacturing labour Machine setup overhead Total Direct materials Total Metal $ 2 per kilogram (same as in 2020) kg kg Fabric $ m m hrs. hrs. Direct manufacturing labour $ Machine setup overhead 3 per metre (same as in 2020) 14 per hour $ 150 per hour hrs. hrs. Content of Each Product Unit Direct materials Metal (2). Calculate the ending inventories budget on December 31, 2021 (label it Schedule 6B). (Enter cost per unit amounts to the r Schedule 6B: Ending Inventories Budget December 31, 2021 Direct materials Metal Quantity Cost per unit Total unit of input output Total output Total kg kg m m hrs. hrs. hrs. hrs. (2). Calculate the ending inventories budget on December 31, 2021 (label it Schedule 6B). (Enter cost per unit amounts to the nearest cent.) Schedule 6B: Ending Inventories Budget December 31, 2021 Product Fabric Knox Ayer Finished goods Metal Fabric 1 kilograms 2 kilograms Knox 1 metre 3 metres Ayer Direct manufacturing labour Machine setup overhead 0.2 hours 0.3 hours Total ending inventory 0.02 hours 0.06 hours Direct Materials Quantity Cost per unit Total Dazzling Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2021. (Click the icon to view the information.) Calculate (1) the budgeted unit costs of ending finished-goods inventory on December312021 (label it Schedule 6A) and (2) the ending inventories budget on December312021 (label it Schedule 6B). Dazzling Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2021. (Click the icon to view the information.) Calculate (1) the budgeted unit costs of ending finished-goods inventory on December312021 (label it Schedule 6A) and (2) the ending inventories budget on December3120. (1). Calculate the budgeted unit costs of ending finished-goods inventory on December 31, 2021 (label it Schedule 6A). (Round labour to two decimal places, and machine setup overhead to three decimal places.) Schedule 6A: Unit Costs of Ending Finished-Goods Inventory Metal Fabric Direct manufacturing labour Machine setup overhead Total Information Product December 31, 2021 Metal Knox Product Knox Cost per unit of input Input per unit of output Total Ayer Input per unit of output Target ending inventory in units 1,800 Ayer 800 Fabric Direct manufacturing labour Machine setup overhead Total Direct materials Total Metal $ 2 per kilogram (same as in 2020) kg kg Fabric $ m m hrs. hrs. Direct manufacturing labour $ Machine setup overhead 3 per metre (same as in 2020) 14 per hour $ 150 per hour hrs. hrs. Content of Each Product Unit Direct materials Metal (2). Calculate the ending inventories budget on December 31, 2021 (label it Schedule 6B). (Enter cost per unit amounts to the r Schedule 6B: Ending Inventories Budget December 31, 2021 Direct materials Metal Quantity Cost per unit Total unit of input output Total output Total kg kg m m hrs. hrs. hrs. hrs. (2). Calculate the ending inventories budget on December 31, 2021 (label it Schedule 6B). (Enter cost per unit amounts to the nearest cent.) Schedule 6B: Ending Inventories Budget December 31, 2021 Product Fabric Knox Ayer Finished goods Metal Fabric 1 kilograms 2 kilograms Knox 1 metre 3 metres Ayer Direct manufacturing labour Machine setup overhead 0.2 hours 0.3 hours Total ending inventory 0.02 hours 0.06 hours Direct Materials Quantity Cost per unit Total