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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
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) (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 Snowboards Units Selling price Total revenues
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