Answered step by step
Verified Expert Solution
Question
1 Approved Answer
FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKick's 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. FlashKick'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, FlashKick expects to sell the following: Practice Balls Match Balls Units Selling Price Units Selling Price January 50,000 $8.25 7,000 $15.00 February 58,000 $8.25 8,000 $15.00 March 80,000 $8.25 14,000 $15.00 April 100,000 $8.25 18,000 $15.00 Required: 1. Construct a sales budget for FlashKick 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. FlashKick Company Sales Budget For the First Quarter of Next Year January March Quarter February Practice ball: Units Unit price $ $ Sales $ Match ball: Units Unit price $ $ $ $ Sales $ $ $ $ Total sales $ $ 2. What if FlashKick 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 $42 each in January and February, and $45 each in March? Prepare a sales budget for Flashkick 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. FlashKick Company Sales Budget For the First Quarter January March Quarter February Practice ball: Units Unit price $ $ $ Sales $ Match ball: Units Unit price $ $ $ DO OJI DIO Sales $ Tournament ball: Units Unit price $ Sales $ Total sales
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