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Direct Materials Purchases Budget FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKick s best - selling
Direct Materials Purchases Budget FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKicks bestselling lines are the practice ball line durable soccer balls for training and practice and the match ball line highperformance 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 $ $ February $ $ March $ $ April $ $ FlashKick requires ending inventory of product to equal percent of the next months unit sales. Beginning inventory in January was practice soccer balls and match soccer balls. Every practice ball requires square yard of polyvinyl chloride panels, one bladder with valve to fill with air and ounces of glue. FlashKicks policy is that percent of the following months production needs for raw materials be in ending inventory. Beginning inventory in January for all raw materials met this requirement. Required: Question Content Area 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: FlashKick Company Direct Materials Purchases Budget Polyvinyl Chloride Panels For January and February Polyvinyl chloride panels: January February Units produced fill in the blank cedffa fill in the blank cedffa Direct materials per unit Direct materials per unit Direct materials per unit Direct materials for production fill in the blank cedffa fill in the blank cedffa Desired ending inventory Desired ending inventory Desired ending inventory Total needed fill in the blank cedffa fill in the blank cedffa Less: Beginning inventory Less: Beginning inventory Less: Beginning inventory Direct materials purchases fill in the blank cedffa fill in the blank cedffa Question Content Area Direct materials purchases budget for bladder and valve: FlashKick Company Direct Materials Purchases Budget Bladder and Valve For January and February Bladder and valve: January February Units produced fill in the blank dafadcfef fill in the blank dafadcfef Direct materials per unit Direct materials per unit Direct materials per unit Direct materials for production fill in the blank dafadcfef fill in the blank dafadcfef Desired ending inventory Desired ending inventory Desired ending inventory Total needed fill in the blank dafadcfef fill in the blank dafadcfef Less: Beginning inventory Less: Beginning inventory Less: Beginning inventory Direct materials purchases fill in the blank dafadcfef fill in the blank dafadcfef Question Content Area Direct materials purchases budget for glue: FlashKick Company Direct Materials Purchases Budget Glue For January and February Glue: January February Units produced fill in the blank efffff fill in the blank efffff Direct materials per unit Direct materials per unit Direct materials per unit Direct materials for production fill in the blank efffff fill in the blank efffff Desired ending inventory Desired ending inventory Desired ending inventory Total needed fill in the blank efffff fill in the blank efffff Less: Beginning inventory Less: Beginning inventory Less: Beginning inventory Direct materials purchases fill in the blank efffff fill in the blank efffff
Direct Materials Purchases Budget
FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKicks bestselling lines are the practice ball line durable soccer balls for training and practice and the match ball line highperformance 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 $ $
February $ $
March $ $
April $ $
FlashKick requires ending inventory of product to equal percent of the next months unit sales. Beginning inventory in January was practice soccer balls and match soccer balls.
Every practice ball requires square yard of polyvinyl chloride panels, one bladder with valve to fill with air and ounces of glue. FlashKicks policy is that percent of the following months production needs for raw materials be in ending inventory. Beginning inventory in January for all raw materials met this requirement.
Required:
Question Content Area
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:
FlashKick Company
Direct Materials Purchases Budget Polyvinyl Chloride Panels
For January and February
Polyvinyl chloride panels: January February
Units produced fill in the blank cedffa
fill in the blank cedffa
Direct materials per unit
Direct materials per unit
Direct materials per unit
Direct materials for production fill in the blank cedffa
fill in the blank cedffa
Desired ending inventory
Desired ending inventory
Desired ending inventory
Total needed fill in the blank cedffa
fill in the blank cedffa
Less: Beginning inventory
Less: Beginning inventory
Less: Beginning inventory
Direct materials purchases fill in the blank cedffa
fill in the blank cedffa
Question Content Area
Direct materials purchases budget for bladder and valve:
FlashKick Company
Direct Materials Purchases Budget Bladder and Valve
For January and February
Bladder and valve: January February
Units produced fill in the blank dafadcfef
fill in the blank dafadcfef
Direct materials per unit
Direct materials per unit
Direct materials per unit
Direct materials for production fill in the blank dafadcfef
fill in the blank dafadcfef
Desired ending inventory
Desired ending inventory
Desired ending inventory
Total needed fill in the blank dafadcfef
fill in the blank dafadcfef
Less: Beginning inventory
Less: Beginning inventory
Less: Beginning inventory
Direct materials purchases fill in the blank dafadcfef
fill in the blank dafadcfef
Question Content Area
Direct materials purchases budget for glue:
FlashKick Company
Direct Materials Purchases Budget Glue
For January and February
Glue: January February
Units produced fill in the blank efffff
fill in the blank efffff
Direct materials per unit
Direct materials per unit
Direct materials per unit
Direct materials for production fill in the blank efffff
fill in the blank efffff
Desired ending inventory
Desired ending inventory
Desired ending inventory
Total needed fill in the blank efffff
fill in the blank efffff
Less: Beginning inventory
Less: Beginning inventory
Less: Beginning inventory
Direct materials purchases fill in the blank efffff
fill in the blank efffff
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