1. What is the budgeted cost of Skateboards manufactured for 2022?

2. What is the budgeted cost of Decks purchase for 2022?

3. What is the budgeted cost of Hardware Packages purchased for 2022?

4. What is the budgeted dollar value of ending Finished Skateboard inventory?

5. What is the budgeted dollar value of ending Deck inventory?

6. What is the budgeted dollar value of ending Hardware Package inventory?

7. How much income does Brandon's Boards expect to make if they sell 624 skateboards in 2022 and have budgeted Selling & Administrative expenses of $60,000 (assuming no income taxes)?

Brandon's Boards makes reasonably high end skateboards which sell for $600 each. The production process is fairly simple and involves assembling components purchased from various suppliers. Since each skateboard only takes two hours to assemble, there is essentially no work-in-process inventory. Brandon's Boards has the capacity to make 700 skateboards per year. Costs for the skateboard components are: Each board should take two hours of direct labor to assemble. Direct labor wages are $60 per hour. Other indirect manufacturing costs on a monthly basis are budgeted to be: Inventory balances are as follows (Brandon's uses FIFO inventory cost flow assumption): During 2022 (the entire year) Brandon's Boards expects to sell 624 siateboards. - What is the budgeted cost of Skateboards manufactured for 2022? - What is the budgeted cost of Decks purchased for 2022? - What is the budgeted cost of Hardware Packages purchased for 2022? - What is budgeted dollar value of ending Finished Slateboard inventory? - What is the budgeted dollar value of ending Deck imventory? - What is the budgeted dollar value of ending Hardware Package inventory? - How much income does Brandor's Boards expect to make if they sell 624 skateboards in 2022 and have budgeted Selling \& Administrative expenses of $60,000 (assume no income taxes)