Snowmass, Inc., manufactures and sells snowboards. Snowmass manufactures a single model, the Pipex. In late...

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Snowmass, Inc., manufactures and sells snowboards. Snowmass manufactures a single model, the Pipex. In late 2020, Snowmass's management accountant gathered the following data to prepare budgets for January 2021:EE: (Click the icon to view the materials and labor requirements)i (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 $250.00. Assume Snowmass uses a FIFO inventory method for both direct materials and finished goods. Ignore work in process in your calculations.Read the requirements.More infoSnowmass's CEO expects to sell 1,300 snowboards during January 2021 at an estimated retail price of $650 per board. Further, the CEO expects 2021 beginning inventory of 600 snowboards and would like to end January 2021 with 600 snowboards in stock.PrintDoneRequirement 1. Prepare the January 2021 revenues budget (in dollars).Data tableMaterials and Labor RequirementsDirect materialsWoodFiberglassDirect manufacturing labor9 board feet (b.f.) per snowboard7 yards per snowboard8 hours per snowboardPrintDoneData tableDirect Materials InventoriesBeginning InventoryJanuary 1,2021Ending Inventory January31,2021Wood2,020 b.f.1,520 b.f.Fiberglass1,020 yards2,020 yardsMore infoMariel manufacturing overed is 8 bur diet or afary 201 rum: Themar 50520,800variable and fixed manufacturing overhead into a single rate based on direct manufacturing labor-hours. Variable marketing costs are allocated at the rate of $270 per sales visit. The marketing plan calls for 36 sales visits during January 2021. Finally, there are $33,000 in fixed operating (nonmanufacturing) costs budgeted for January 2021.Data table2020 Unit Price2021 Unit PriceWood$30.00 per b.f.$32.00 per b.f.Fiberglass$6.00 per yard$7.00 per yardDirect manufacturing labor$26.00 per hour$27.00 per hour. Please help me with requirements 3,4,5 and 6 and please explain the solution. Thank you.
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