Slopes, Inc. manufactures and sells snowboards. In October 2015, Slopes' CEO expects to sell 1,000 snowboards during 2016 at an estimated retail price of $450 per board. Further, the CEO expects 2016 beginning inventory of 100 snowboards and would like to end 2016 with 200 snowboards in stock. Required: 1. Prepare the sales revenues budget for 2016. Prepare the production budget for 2016 2. Sales Revenue Budget for Year 2016 Units Selling Price 1,000 Production Budget for Year 2016 450 $450,000 Budgeted sales in units +ending FOG -beginning FG Budgeted production in units Units 1,000 200 100 1,100