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I am needing help with 8.3 questions #1&2. Chapter 8 Budgeting for Planning and Control training and practice) and the match ball line (high-performance soccer

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I am needing help with 8.3 questions #1&2.

Chapter 8 Budgeting for Planning and Control training and practice) and the match ball line (high-performance soccer balls used in games). In the first four months of next year, Flash Kick expects to sell the following: Units January February March April Practice Balls Units Selling Price 50,000 $8.75 58,000 $8.75 80,000 $8.75 100.000 $8.75 7,000 7,500 13,000 18,000 Match Balls Selling Price $16.00 $16.00 $16.00 $16.00 Required: 1. Construct a sales budget for Flash Kick 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. 2. What if Flash Kick 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 Flash- Kick 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. OBJECTIVE 2 RNERSTONE 8.2 Cornerstone Exercise 8.2 Production Budget Refer to Cornerstone Exercise 8.1, through Requirement 1. Flash Kick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 3,100 practice soccer balls and 400 match soccer balls. Required: 1. Construct a production budget for each of the two product lines for Flash Kick Company for the first three months of the coming year. 2. What if Flash Kick wanted a production budget for the two product lines for the month of April? What additional information would you need to prepare this budget? April? you need to prepare BJECTIVE 2 RSTONE 8.3 Cornerstone Exercise 8.3 Direct Materials Purchases Budget Refer to Cornerstone Exercise 8.2 for the production budgets for practice balls and match balls. 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. Flash Kick's policy is that 20 percent of the following month's production needs for raw materials be in ending inventory, Beginning inventory in Jan- uary for all raw materials met this requirement. Required: 1. 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. 2. What if Flash Kick decreased the ending inventory percentage to 15 percent of the next month's production needs? What impact would that have on the direct materials purchases

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