Question
Direct Materials Purchases Budget Smart Strike Company manufactures and sells soccer balls for teams of children in elementary and high school. Smart Strike's best-selling lines
Direct Materials Purchases Budget Smart Strike Company manufactures and sells soccer balls for teams of children in elementary and high school. Smart Strike'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, Smart Strike expects to sell the following: Practice Balls Match Balls Units Selling Price Units Selling Price January 50,000 $12 7,000 $25 February 58,000 $12 7,500 $25 March 80,000 $12 13,000 $25 April 100,000 $12 18,000 $25 Every practice ball requires 0.7 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 3 ounces of glue. Smart Strike's policy is that 10 percent of the following month's 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: Smart Strike Company Direct Materials Purchases Budget - Polyvinyl Chloride Panels For January and February Polyvinyl chloride panels: January February Units produced fill in the blank c5724404b00afd2_1 62,100 fill in the blank c5724404b00afd2_2 63,500 Direct materials per unit fill in the blank c5724404b00afd2_4 fill in the blank c5724404b00afd2_5 Direct materials for production fill in the blank c5724404b00afd2_6 fill in the blank c5724404b00afd2_7 Desired ending inventory fill in the blank c5724404b00afd2_9 fill in the blank c5724404b00afd2_10 Total needed fill in the blank c5724404b00afd2_11 fill in the blank c5724404b00afd2_12 Less: Beginning inventory fill in the blank c5724404b00afd2_14 fill in the blank c5724404b00afd2_15 Direct materials purchases fill in the blank c5724404b00afd2_16 fill in the blank c5724404b00afd2_17 Feedback
Direct materials purchases budget for bladder and valve: Smart Strike Company Direct Materials Purchases Budget - Bladder and Valve For January and February Bladder and valve: January February Units produced fill in the blank 48d9cbf60ff0077_1 62,100 fill in the blank 48d9cbf60ff0077_2 63,500 Direct materials per unit fill in the blank 48d9cbf60ff0077_4 fill in the blank 48d9cbf60ff0077_5 Direct materials for production fill in the blank 48d9cbf60ff0077_6 fill in the blank 48d9cbf60ff0077_7 Desired ending inventory fill in the blank 48d9cbf60ff0077_9 fill in the blank 48d9cbf60ff0077_10 Total needed fill in the blank 48d9cbf60ff0077_11 fill in the blank 48d9cbf60ff0077_12 Less: Beginning inventory fill in the blank 48d9cbf60ff0077_14 fill in the blank 48d9cbf60ff0077_15 Direct materials purchases fill in the blank 48d9cbf60ff0077_16 fill in the blank 48d9cbf60ff0077_17 Feedback
Direct materials purchases budget for glue: Smart Strike Company Direct Materials Purchases Budget - Glue For January and February Glue: January February Units produced fill in the blank f21622023fae048_1 62,100 fill in the blank f21622023fae048_2 63,500 Direct materials per unit fill in the blank f21622023fae048_4 fill in the blank f21622023fae048_5 Direct materials for production fill in the blank f21622023fae048_6 fill in the blank f21622023fae048_7 Desired ending inventory fill in the blank f21622023fae048_9 fill in the blank f21622023fae048_10 Total needed fill in the blank f21622023fae048_11 fill in the blank f21622023fae048_12 Less: Beginning inventory fill in the blank f21622023fae048_14 fill in the blank f21622023fae048_15 Direct materials purchases
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