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i need question 8.2 and 8.3 answered. the top of the page is question 8.1 that it is saying to refer to. I need cornersotone

i need question 8.2 and 8.3 answered. the top of the page is question 8.1 that it is saying to refer to. image text in transcribed
I need cornersotone 8.2 and 8.3 question answered. the table at the top of the page is 8.1 that it says to refer to in question 8.2. image text in transcribed
Budgeting for Planning and Control Chapter 8 training and practice) and the match ball line (high-performance soccer balls used in games). In the first four months of next vear. FlashKick expects to sell the following an introe Carol Jo Of t 1. cha Match Balls Practice Balls Units Selling Price Selling Price Units stuc January February 7,000 7,500 13,000 18,000 phc $8.75 $8.75 $8.75 $8.75 50,000 58,000 80,000 100,000 $16.00 2. An pic ph- $16.00 $16.00 $16,00 March April Required: Ea 3. sel struct a sales budget for FlashKick for the first three months of the coming year. Show 1 Co total sales for each product line by month and in total for the first quarter. What if FlashKick added a third line-tournament quality 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 cach in March? Prepare a sales budget for Flak 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. Co fu 2. soccer balls that were expected ag Requ 1 P to OBJECTIVE 2 Cornerstone Exercise 8.2 Production Budget Refer to Cornerstone Exercise 8.1, through Requirement I. FlashKick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January 3,100 practice soccer balls and 400 match soccer balls ORNERSTONE 8.2 was Required: Construct a production budget for each of the two product lines for FlashKick Company for the first three months of the coming year. 1. 2. What if FlashKick wanted a production budget for the two product lines for the month of April? What additional information would you need to prepare this budget? Com OBJECTIVE 2 Cornorstone Exercise 8 3 Direct Materlals Purchases Budget Refer to Cornerstone Excrcise 8.2 for the production budgets for practice balls and match balls Every prection ball requires 0.7 squar vard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 3 ounces of gle. FlashKick'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. Jol NERSTONE 6.3 bas cor 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. What if FlashKick 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 budgets prepared in Requirement 1? I. 2. Chapter s 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. FlashKick expects to sell the following Match Balls Practice Ball Selling Price Units Selling Price Units 7,000 7,500 13,000 18,000 S16.00 S16.00 S16.00 S8.75 $8.75 $8.75 58.75 50,000 58.000 80,000 100,000 January February March $16,00 April Required: 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. 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 ses cach in January and February, and $48 cach 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 Cornerstone Exercise 8.2 Production Budget Refer to Cornerstone Exercise 8.1, through Requirement 1. FlashKick 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. CORNERSTONE 8.2 Required: Construct a production budget for each of the two product lines for Flash Kick Company 1. for the first three months of the coming year. 2. Whar if FlashKick wanted a production budget for the two product lines for the month of April? What additional information would you need to prepare this budget? 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. FlashKick'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. OBJECTIVE 2 CORNERSTONE 8.3 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. What if FlashKick decreased the ending inventory percentage to 15 percent of the month's production needs? What impact would that have on the direct materials purchases budgets prepared in Requirement 1? 2. Cornerstone Exercise 8.4 Direct Labor Budget for Service The School of Accounting (SOA) at State University is planning its annual fundraising ca OBJECTIVE 2 CORNERSTONE 8.4 paign for accounting alumni. This year, the SOA is planning a call-a-thon and will ask Beta Alpha Psi members to volunteer to make phone calls to a list of 5,000 alumni. The Dean's office has agreed to let Beta Alpha Psi use their offices from 6 p.m. to 9 p.m. each weekday so that they will have access to phones. Each volunteer will be provided with a phone and a script with

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