Answered step by step
Verified Expert Solution
Question
1 Approved Answer
eBook Sales 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
eBook Sales 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 bail line (durable soccer sats for fring 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 $8.25 7,000 $16.00 February 58,000 $8.25 7,500 $16.00 March 80,000 $8.25 13,000 $16.00 April 100,000 $0.25 10,000 $16.00 Required: 1. Construct a sales budget for Smart Strike for the first three months of the coming year. Show total sales for each product line by month and in total for the first quarter. If required, round your answers to the nearest cent. Practice ball: Smart Strike Company For the First Quarter of Next Year March Quarter Sales Budget January 1 February Units 50,000 58,000 Unit price Sales 000 00 80,000 Match ball: Units Unit price 00.000 Required: 1. Construct a sales budget for Smart Strike for the first three months of the coming year. Show total sales for each product line by month end in total for the first quarter. If required, round your answers to the nearest cent. Smart Strike Company Sales Budget For the First Quarter of Next Year January February March Quarter Practice ball: Units 50,000 58,000 80,000 Unit price Sales Match ball Units Unit price Sales Total sales 2. What if Smart Strike added a third line-tournament quality soccer balls that were expected to take 40 percent of the units sold of the match balls and would have a selling price of $45 each in January and February, and $48 each in March? Prepare a sales budget for Smart Strike for the first three months of the coming year. Show total sales for each product line by month and in total for the first quarter. If required, round your answers to the nearest cent. Smart Strike Company Sales Budget For the First Quarter January February March Quarter Practice ball: Units 50,000 $8,000 80,000 2. What if Smart Strike added a third line-tournament quality soccer balls that were expected to take 40 percent of the units sold of the match balls and would have a selling price of $45 each in January and February, and $48 each in March? Prepare a sales budget for Smart Strike for the first three months of the coming year. Show total sales for each product line by month and in total for the first required, round your answers to the nearest cent. Smart Strike Company Sales Budget For the First Quarter January March Quarter February Practice ball Units 50,000 58,000 Unit price Sales 80,000 10000 1000 1000 Match balli Units Unit price Sales Tournament ball: Units Unit price Sales Total sales 888: Check My Work All work saved Email instructor Save and Ext Previous Next> Submit Assignment for Grading
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started