CoursHeroTranscribedText: Bright Light Corporation manufactures and sells two types of decorative lamps, Knox and Ayer....
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CoursHeroTranscribedText: Bright Light Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. K (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 Knox 4 Ayer Total n 6le 1 X calculating th Data table Sched for the Yea Product Uni Knox Ayer Expected sales in units 22,600 14,000 Selling price $ 30 $ 42 Target ending inventory in units 2,300 1,300 Beginning inventory in units 2,900 1,300 Print Done
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