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Direct Materials Purchases Budget FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKicks best-selling lines are the

Direct Materials Purchases Budget

FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKicks best-selling lines are the practice ball line (durable soccer balls for training and practice) and the match ball line (high-performance 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 45,000 $8.80 6,600 $17.60
February 61,000 $8.80 7,900 $17.60
March 81,000 $8.80 12,500 $17.60
April 105,000 $8.80 16,000 $17.60

FlashKick requires ending inventory of product to equal 20 percent of the next months unit sales. Beginning inventory in January was 9,000 practice soccer balls and 1,320 match soccer balls.

Every practice ball requires 0.6 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 3 ounces of glue. FlashKicks policy is that 20 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:

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 15f8fa077fb9f94_1 fill in the blank 15f8fa077fb9f94_2
fill in the blank 15f8fa077fb9f94_4 fill in the blank 15f8fa077fb9f94_5
Direct materials for production fill in the blank 15f8fa077fb9f94_6 fill in the blank 15f8fa077fb9f94_7
fill in the blank 15f8fa077fb9f94_9 fill in the blank 15f8fa077fb9f94_10
Total needed fill in the blank 15f8fa077fb9f94_11 fill in the blank 15f8fa077fb9f94_12
fill in the blank 15f8fa077fb9f94_14 fill in the blank 15f8fa077fb9f94_15
Direct materials purchases fill in the blank 15f8fa077fb9f94_16 fill in the blank 15f8fa077fb9f94_17

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 8d1d9df87058f88_1 fill in the blank 8d1d9df87058f88_2
fill in the blank 8d1d9df87058f88_4 fill in the blank 8d1d9df87058f88_5
Direct materials for production fill in the blank 8d1d9df87058f88_6 fill in the blank 8d1d9df87058f88_7
fill in the blank 8d1d9df87058f88_9 fill in the blank 8d1d9df87058f88_10
Total needed fill in the blank 8d1d9df87058f88_11 fill in the blank 8d1d9df87058f88_12
fill in the blank 8d1d9df87058f88_14 fill in the blank 8d1d9df87058f88_15
Direct materials purchases fill in the blank 8d1d9df87058f88_16 fill in the blank 8d1d9df87058f88_17

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 173a270d5047fe5_1 fill in the blank 173a270d5047fe5_2
fill in the blank 173a270d5047fe5_4 fill in the blank 173a270d5047fe5_5
Direct materials for production fill in the blank 173a270d5047fe5_6 fill in the blank 173a270d5047fe5_7
fill in the blank 173a270d5047fe5_9 fill in the blank 173a270d5047fe5_10
Total needed fill in the blank 173a270d5047fe5_11 fill in the blank 173a270d5047fe5_12
fill in the blank 173a270d5047fe5_14 fill in the blank 173a270d5047fe5_15
Direct materials purchases fill in the blank 173a270d5047fe5_16 fill in the blank 173a270d5047fe5_17

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