Refinishing dash face, Question about area around heater controls Options

[Lavanaut]

Search turned up lots of good info answering some other questions I had, but not this one. I pulled/replaced my heater controls while doing my dash recovering project. I just started rewiring the controls, before refinishing the dash, when I realized that this might be a mistake. Becuase I didn't have a factory dash to start with though, I don't have a good point of reference.

I'm rambling. Here's my question: is it only the chrome trim piece surrounding the heater controls that covers the dash face vinyl, or do the heater controls themselves overlap the vinyl as well?

Here's a "before" pic, kind of blurry, sorry. You can see the wood just sits up against the edges of the controls (not underneath them at all). Can someone who's done this project please confirm that this is how the vinyl should be cut as well? I want to make sure I'm not screwing myself by installing the heater controls before I attach the new dash face.

Thanks