Shimmer Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data...
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Shimmer 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 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, 2021. Begin by calculating the revenues budget (label it Schedule 1) for the year ending December 31, 2021. Schedule 1: Revenues Budget For the Year Ended December 31, 2021 Knox Units Selling price Total revenues Ayer Total Now calculate the production budget in units (label it Schedule 2) for the year ending December 31, 2021. Begin by selecting the labels, and then enter the amounts. Schedule 2: Production Budget (in Units) For the Year Ended December 31, 2021 Knox Ayer Product information Product Knox Ayer Expected sales in units 26,100 14,000 Selling price $ 31 $ 47 Target ending inventory in units 2,300 1,300 Beginning inventory in units 3,400 1,300 - . Shimmer 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 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, 2021. Begin by calculating the revenues budget (label it Schedule 1) for the year ending December 31, 2021. Schedule 1: Revenues Budget For the Year Ended December 31, 2021 Knox Units Selling price Total revenues Ayer Total Now calculate the production budget in units (label it Schedule 2) for the year ending December 31, 2021. Begin by selecting the labels, and then enter the amounts. Schedule 2: Production Budget (in Units) For the Year Ended December 31, 2021 Knox Ayer Product information Product Knox Ayer Expected sales in units 26,100 14,000 Selling price $ 31 $ 47 Target ending inventory in units 2,300 1,300 Beginning inventory in units 3,400 1,300 - .
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