As CEO of Oceanside Marine, Dana Stuckey knows it is important to control costs and to respond quickly to changes in the highly competitive boat-building industry. When IDG Consulting proposes that Oceanside Marine invest in an ERP system, she forms a team to evaluate the proposal: the plant engineer, the plant foreman, the systems specialist, the human resources director, the marketing director, and the management accountant. A month later, management accountant Miles Chappel reports that the team and IDG estimate that if Oceanside Marine implements the ERP system, it will incur the following costs: A (Click the icon to view OceanSide's Expected benefits i More Info X Expected costs Net benefits (costs) Costs of the Project Enter any number in the edit fields and ? a. $370,000 in software costs b. $89,000 to customize the ERP software and load OceanSide's data into the new ERP system c. $120,000 for employee training Benefits of the Project a. More efficient order processing should lead to savings of $122,000. b. Streamlining the manufacturing process so that it maps into the ERP system will create savings of $255,000. c. Integrating purchasing, production, marketing, and distribution into a single system will allow Oceanside Marine to reduce inventories, saving $225,000. d. Higher customer satisfaction should increase sales, which, in turn, should increase profits by $140,000. Expected benefits Expected costs Net benefits (costs)