Slides, Inc., manufactures and sells snowboards. Slides manufactures a single model, the Pipex. In late 2020, Slides's management accountant gathered the following data to prepare budgets for January 2021: (Click the icon to view the materials and labor requirements) (Click the icon to view the additional information.) (Click the icon to view the direct materials inventories) i (Click the icon to view the additional information.) Other data include: (Click the icon to view the other data.) The inventoriable unit cost for ending finished goods inventory on December 31, 2020, is $175.00. Assume Slides uses a FIFO inventory method for both direct materials and finished goods. Ignore work in process in your calculations. Read the requirements. Requirement 1. Prepare the January 2021 revenues budget (in dollars). Revenue Budget For January 2021 Units Selling price Total revenues Snowboards Requirement 2. Prepare the January 2021 production budget (in units). Production Budget For January 2021 Budgeted units sales 3,700 800 Add target ending finished goods inventory Total required units Deduct beginning finished goods inventory 500 Units of finished goods to be produced Requirement 3. Prepare the direct material usage and purchases budgets for January 2021.