As CEO of OceanWorld, Rita Greenwood knows it is important to control costs and to respond quickly to changes in the highly competitive boat-building industry. When ABC consulting proposes that OceanWorld invest in an ERP system, she forms a team to evaluate the proposal: the plant engineer, the plant foreman, the systems specialist, the human resources director, the marketing director, and the management accountant. A month later, management accountant Mark Cole reports that the team and ABC estimate that if OceanWorld implements the ERP system, it will incur the following costs: -Costs of the project a. $400,000 in software costs b. $89,000 to customize the ERP software and load OceanWorld's data into the new ERP system c. $130,000 for employee training -Benefits of the project a. More efficient order processing should lead to savings of $116,000 b. Streamlining the manufacturing process so that it maps into the ERP system will create savings of $260,000 c. Integrating purchasing, production, marketing, and distribution into a single system will allow OceanWorld to reduce inventories, saving $215,000 d. Higher customer satisfaction should increase sales, which, in turn, should increase profits by $160,000