Fullerton, Inc. makes and sells a single snowboard model, the Titan. In the fall of 2019, Fullerton gathered the following data to prepare budgets for 2020: Materials and Labor Requirements Wood 9 board feet (b.f.) per snowboard Fiberglass 10 yards per snowboard Direct labor 5 hours per snowboard CEO expects to sell 2,900 snowboards during 2020 at an estimated retail price of $650 per board. Further, the CEO expects 2020 beginning inventory of 500 snowboards and would like to end 2020 with 200 snowboards in stock. The inventoriable unit cost for beginning finished goods inventory on January 1, 2020 is $374.80. Data pertaining to the direct materials inventories are as follows: Beginning Inventory, 2020 Ending Inventory. 2020 Wood 2,040 b.f. 1,540 b.f. Fiberglass 1,040 yards 2,040 yards Variable manufacturing overhead is $7 per direct labor-hour. There are also $81,000 in fixed manufacturing overhead cots budgeted for 2020. Both variable and fixed overhead costs are allocated based on direct manufacturing labor-hours. Other data include the following: 2019 Unit Price 2020 Unit Price Wood $32.00 per b.f. $34.00 per b.f. Fiberglass $8 per yard $9 px yard Direct labor $28.00 per hour $29.00 per hour Assume Fullerton uses a FIFO inventory method for both direct materials and finished goods. Ignore work in process in your calculations. What are total finished good units to be produced? 4.700 O 3,200 O 2,600 0 4,110 What is total cost of direct materials to be used? $1.024 480 5989.250 $1.262.080 O $3.714,250 Question 6 1 pt What is total cost of direct materials to be purchased? $3.714,550 $3,352,550 o $1,021,600 $1,259,200 What is the total direct manufacturing labor costs budget? O $377.000 $1.006,990 $464.000 05978190 Question 8 1pt What are total manufacturing overhead costs? O $604,170 0 $486,280 $172,000 $193,000 What is the cost of target ending inventories of finished goods? $121.430 $789.210 $1,167,300 $978,300 D Question 10 What is the budgeted cost of goods sold for 2020? $2,582,000 $4,319,070 $1,639,450 $3,233,520