Question
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
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 | 50,000 | $8.75 | 7,000 | $16.00 | |||
February | 56,000 | $8.75 | 7,500 | $16.00 | |||
March | 70,000 | $8.75 | 13,000 | $16.00 | |||
April | 100,000 | $8.75 | 18,000 | $16.00 |
FlashKick requires ending inventory of product to equal 20 percent of the next months unit sales. Beginning inventory in January was 3,300 practice soccer balls and 400 match soccer balls.
Required:
Construct a production budget for each of the two product lines for FlashKick Company for the first three months of the coming year.
Production budget for practice balls:
FlashKick Company | |||
Production Budget - Practice Balls | |||
For the First Quarter of Next Year | |||
January | February | March | |
Unit sales | fill in the blank c355b6008faffdc_1 | fill in the blank c355b6008faffdc_2 | fill in the blank c355b6008faffdc_3 |
fill in the blank c355b6008faffdc_5 | fill in the blank c355b6008faffdc_6 | fill in the blank c355b6008faffdc_7 | |
Total needed | fill in the blank c355b6008faffdc_8 | fill in the blank c355b6008faffdc_9 | fill in the blank c355b6008faffdc_10 |
fill in the blank c355b6008faffdc_12 | fill in the blank c355b6008faffdc_13 | fill in the blank c355b6008faffdc_14 | |
Units produced | fill in the blank c355b6008faffdc_15 | fill in the blank c355b6008faffdc_16 | fill in the blank c355b6008faffdc_17 |
Production budget for match balls:
FlashKick Company | |||
Production Budget - Match Balls | |||
For the First Quarter of Next Year | |||
January | February | March | |
Unit sales | fill in the blank d83028ff4ffffa4_1 | fill in the blank d83028ff4ffffa4_2 | fill in the blank d83028ff4ffffa4_3 |
fill in the blank d83028ff4ffffa4_5 | fill in the blank d83028ff4ffffa4_6 | fill in the blank d83028ff4ffffa4_7 | |
Total needed | fill in the blank d83028ff4ffffa4_8 | fill in the blank d83028ff4ffffa4_9 | fill in the blank d83028ff4ffffa4_10 |
fill in the blank d83028ff4ffffa4_12 | fill in the blank d83028ff4ffffa4_13 | fill in the blank d83028ff4ffffa4_14 | |
Units produced | fill in the blank d83028ff4ffffa4_15 | fill in the blank d83028ff4ffffa4_16 | fill in the blank d83028ff4ffffa4_17 |
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