Direct Material Purchases Budget ock Company manufactures and salt occar balls for team of children in sementary High school. The bestselling lines are the practica belline (arable soccer bote for training and practice) and the match balline Chigh-performance soccer balls used in garr). In the first four months of next year Fashkickexpect to all the following Practice Ball Match all Units Selling Price Units Selling Price January 43.000 0.60 6.100 $16.60 February 60,000 18.60 7.500 516,60 March 02.000 50.60 12.000 116.60 April 100.000 10.60 16.000 $16.60 shock requires ending wwentory of product to equal 20 percent of the next tunities Beginning inventory in January was 8.600 practice balls and 1.230 match Soccer bal Every practice balleures 0.5 sare yard of polyvinylchlonde panela, one bladder with valve (tell with air), and unces of Fleshock's policy is thet 20 percent the following month's production needs for material beinanding inventory tol hom. of a Beginning inventory in January for all raw material met this requirement Required Construct a direct materials purchases budget for each type of raw materials for the practice ball line for January and February of the coming year reguled, round your answers to the nearest cett Direct materials purchases budget for polyvinylchlende panels Vlashich Company Direct Materials Purchases Budget - Polyvinyl Chloride Panela For January and February Polyvinylchloride panel Tanvary February Uits produced 36.000 Direct materials per unit os os Prin Ne Required required, round your owwers to the nearest cent Construct a direct materials purchases budget for each type of raw materials for the practice ball line for January and February of the coming year Direct materials purchases budget for polyvinyl chloride panels FlashKick Company Direct Materials Purchases Budget - Polyvinyl Chloride Panels For January and February Polyvinyl chloride panels January February Units produced 16.000 X Direct materials per unit 0.5 Os Direct materials for production Desired ending inventory Total needed Less Beginning inventory Direct materials purchases The direct materials purchases budget is similar in format to the production budget, it is based on the amount of materials needed for production and the inventories of direct materials. The purchases amount can be determined by condering beginning and ending (desired) inventory amounts. Also, consider expected usage Direct materials purchases budget for bladder and valve: Flashick Company Tipart Materials Dirhase Purinat - Aladder and Value Direct material purchases budget for Badider and valve FlashKick Company Direct Materials Purchases Budget - Bladder and Valve For January and February Bladder and valve: January February Units produced Direct materials for production Total needed Direct materials purchases The direct materials purchases budget is similar in format to the production budget. It is based on the amount of materials needed for production and the inventories of direct materials. Purchases - Expected usage + Desired ending inventory of direct materials - Beginning inventory of direct materials Direct materials purchases budget for gues Flash Kick Company Direct Materials Purchases Budget - Glue For January and February January February Unita produced Direct materials purchases budget for gluer FlashKick Company Direct Materials Purchases Budget - Glue For January and February Gluet January February Units produced Direct materals for production Total meded Direct material purchases MW The direct materials purchases budget similar in format to the production budget it is based on the amount of matarlis needed for production and the inventories of direct materials. Purchases - Expected usage Desired ending inventary of direct materiale - Beginning inventory of direct materials Fantaty correct P5: Practice Problems for Profit Plan eBook Direct Materials Purchases Budget FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKick's best-selling lines are the practice ball line (durable soccer balls for training and practice) and them soccer balls used in games). In the first four months of next year, FlashKick expects to sell the following: Practice Balls Match Balls Units Selling Price Units Selling Price January 43,000 $8.60 6,100 516.60 February 60,000 $8.60 7,500 $16.60 March 82,000 $8.60 12,000 $16.60 April 100,000 $8.60 16,000 $16.60 FlashKick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 8,600 practice soccer balls and 1,220 match soccer balls. Every practice ball requires 0.5 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 3 ounces of glue. FlashKick's policy is that 20 percent of the following month's production needs for ra Beginning inventory in January for all raw materials met this requirement. Required: Construct a direct materials purchases budget for each type of raw materials for the practice ball line for January and February of the coming year. If required, round your answers to the nearest cent. Direct materials purchases budget for polyvinyl chloride panels: Flash Kick Company Direct Materials Purchases Budget - Polyvinyl chloride Panels For January and February Polyvinyl chloride panels: January February Units produced 86,000 X Direct materials per unit 0.5 0.5 Required: Construct a direct materials purchases budget for each type of raw materials for the practice ball line for January and February of the coming year. If required, round your answers to the nearest cent. Direct materials purchases budget for polyvinyl chloride panels: Flash Kick Company Direct Materials Purchases Budget - Polyvinyl Chloride Panels For January and February Polyvinyl chloride panels: January February Units produced 86,000 x Direct materials per unit 0.5 0.5 Direct materials for production Desired ending inventory Total needed Less: Beginning inventory Direct materials purchases Feedback Check My Work The direct materials purchases budget is similar in format to the production budget; it is based on the amount of materials needed for production and the inventories of direct materials. The purchases amount ca beginning and ending (desired) inventory amounts. Also, consider expected usage. Direct materials purchases budget for bladder and valve: Flash Kick Company Direct Materials Purchases Budget - Bladder and Valve For January and February Bladder and valve: Januar February Units produced Direct materials per unit 3 x 3 x Direct materials for production Desired ending inventory Total needed Less: Beginning inventory Direct materials purchases Feedback Check. My Work The direct materials purchases budget is similar in format to the production budget; it is based on the amount of materials needed for production and the inventories of direct materials. Purchases = Expected usag direct materials - Beginning inventory of direct materials