Sleds, Inc., manufactures and sells snowboards. Sleds manufactures a single model, the Pipex. In late 2017, Sleds's management accountant gathered the following data to prepare budgets for January 2018: B (Click the icon to view the materials and labor requirements) Other data include: (Click the icon to view the other data.) The inventoriable unit cost for ending finished goods inventory on December 31, 2017, is $210.00. Assume Sleds uses a FIFO inventory method for both direct materials and finished goods. Ignore work in process in your calculations. Read the requirements. (Click the icon to view the additional information.) (Click the icon to view the direct materials inventories) (Click the icon to view the additional information.) Requirement 1. Prepare the January 2018 revenues budget (in dollars). Revenue Budget For January 2018 Units Selling price Total revenues Snowboards Units Selling price Total revenues Snowboards 2017 Unit Price Wood Fiberglass Direct manufacturing labor $ $ $ 32.00 per b.f. 8.00 per yard 28.00 per hour $ $ $ 2018 Unit Price 34.00 per b.f. 9.00 per yard 29.00 per hour i Data Table Print Done Direct Materials Inventories Beginning Inventory 1/1/2018 Ending Inventory 1/31/2018 Wood 2,040 b.f. 1,040 yards 1,540 b.f. 2,040 yards Fiberglass i Data Table Print Done Materials and Labor Requirements Direct materials Wood Fiberglass Direct manufacturing labor 11 board feet (b.f.) per snowboard 9 yards per snowboard 9 hours per snowboard Print Done Variable manufacturing overhead is $14 per direct manufacturing labor-hour. There are also $81,000 in fixed manufacturing overhead costs budgeted for January 2018. Sleds combines both variable and fixed manufacturing overhead into a single rate based on direct manufacturing labor-hours. Variable marketing costs are allocated at the rate of $290 per sales visit. The marketing plan calls for 38 sales visits during January 2018. Finally, there are $35,000 in fixed nonmanufacturing costs budgeted for January 2018. Print Done . Sleds's CEO expects to sell 2,900 snowboards during January 2018 at an estimated retail price of $900 per board. Further, the CEO expects 2018 beginning inventory of 500 snowboards and would like to end January 2018 with 600 snowboards in stock. er any number in the edit fields and then click Check And