Direct Materials Purchases Budget FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school, Flash Kick's 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, Hashcick expects to sell the following: Practice Balls Match Balls Units Selling Price Selling Price January 40,000 $8.50 6,600 $16.00 February $8.80 8,000 $16.00 64,000 82,000 March $8.80 13,000 $16.00 April 100,000 $8.80 17.500 $16.00 Flashkick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 8,000 practice soccer balls and 1,320 match soccer balls Every practice ball requires 0,5 square vand of polyvinyl chloride panels, one bladder with valve (to fill with air), and 2 ounces of glue. Fashkick's policy is that 20 percent of the following month's production needs for raw materials bo 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. 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: Fashkick Company Direct Materials Purchases tudget - Polyvinyl Chloride Panels For January and February Polyvinyl chloride panels: January February Units produced Direct materials per unit Direct materials for production Desired ending inventory Total needed Less Beginning inventory Direct materials purchase Assignment/akfesignment Main.do?invokeretakeAssignmentSessionlocator-inprogress-babe eBook Direct materials purchases 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: January February Units produced Direct materials per unit Direct materials for production Desired ending Inventory Total needed Less: Beginning inventory Direct materials purchases Direct materials purchases budget for glue G 1 O 2 . Direct materials purchases budget for glue: Flash Kick Company Direct Materials Purchases Budget - Glue For January and February Glue: January February Units produced Direct materials per unit Direct materials for production Desired ending inventory Total needed Less: Beginning inventory Direct materials purchases Fedha H My W. 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
