Production 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 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, Smart Strike expects to sell the following:

	Practice Balls				Match Balls
	Units		Selling Price		Units		Selling Price
January	50,000		$12.00		7,000		$25.00
February	56,000		$12.00		8,000		$25.00
March	70,000		$12.00		13,000		$25.00
April	100,000		$12.00		19,000		$25.00

Smart Strike requires ending inventory of product to equal 25 percent of the next month's unit sales. Beginning inventory in January was 3,300 practice soccer balls and 400 match soccer balls.

Required:

Question Content Area

Construct a production budget for each of the two product lines for Smart Strike Company for the first three months of the coming year.

Production budget for practice balls:

Smart Strike Company Production Budget - Practice Balls For the First Quarter of Next Year

	January	February	March
Unit sales	fill in the blank 097c470bc033fa0_1	fill in the blank 097c470bc033fa0_2	fill in the blank 097c470bc033fa0_3
Desired ending inventoryLess: Beginning inventoryUnit salesUnits producedDesired ending inventory	Desired ending inventory	Desired ending inventory	Desired ending inventory
Total needed	fill in the blank 097c470bc033fa0_8	fill in the blank 097c470bc033fa0_9	fill in the blank 097c470bc033fa0_10
Desired ending inventoryLess: Beginning inventoryUnit salesUnits producedLess: Beginning inventory	Less: Beginning inventory	Less: Beginning inventory	Less: Beginning inventory
Units produced	fill in the blank 097c470bc033fa0_15	fill in the blank 097c470bc033fa0_16	fill in the blank 097c470bc033fa0_17

Question Content Area

Production budget for match balls:

Smart Strike Company Production Budget - Match Balls For the First Quarter of Next Year

	January	February	March
Unit sales	fill in the blank f46ea1fc7078fd3_1	fill in the blank f46ea1fc7078fd3_2	fill in the blank f46ea1fc7078fd3_3
Desired ending inventoryLess: Beginning inventoryUnit salesUnits producedDesired ending inventory	Desired ending inventory	Desired ending inventory	Desired ending inventory
Total needed	fill in the blank f46ea1fc7078fd3_8	fill in the blank f46ea1fc7078fd3_9	fill in the blank f46ea1fc7078fd3_10
Desired ending inventoryLess: Beginning inventoryUnit salesUnits producedLess: Beginning inventory	Less: Beginning inventory	Less: Beginning inventory	Less: Beginning inventory
Units produced	fill in the blank f46ea1fc7078fd3_15	fill in the blank f46ea1fc7078fd3_16	fill in the blank f46ea1fc7078fd3_17