Problem #2: Budgeting Skula's Inc. manufactures and sells a variety of snowboards. The accountant is preparing the budget for 2017. You have gathered the following information. The firm uses a normal costing system, i.e., uses a predetermined OH rate OH for costing purposes. DM 2016 2017 wood (board feet per snowboard) 9.00 9.00 wood (cost per board foot) $18.00 $18.00 DL 2016 2017 DL (hours per snowboard) 5.00 5.00 DL wage rate per hour $29.00 $29.00 2016 2017 manufacturing OH per snowboard $150.00 $150.00 2017 sales estimate (# snowboards) 12,000 selling price per snowboard $600.00 target Inventories 2016 2017 DM $340,200 $291,600 FG $502,700 $959,700 (1) What is the full mfg cost of a snowboard for both 2016 and 2017? (2 points) (2) How many snowboards are in inventory at the end of 2016? (2 points) (3) What is the budgeted production volume for 2017? (2 points) (4) What is the budgeted DM usage (board feet) for 2017? (2 points)