Question
Question Content Area Sales Budget FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKicks best-selling lines are
Question Content Area Sales Budget
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 $8.25 6,000 $15.00 February 58,000 $8.25 7,500 $15.00 March 80,000 $8.25 14,000 $15.00 April 100,000 $8.25 18,000 $15.00 Required:
2. What if FlashKick added a third linetournament 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.
cent. Flash Kick Company Sales Budget For the First Quarter January February March Quarter Practice ball: Units Unit price 50,000 58,000 80,000 188,000 8.25 8.25 8.25 8.25 412,500 478,500 660,000 1,551,000 Sales Match ball: Units Unit price 3,600 4,500 8,400 16,500 15.00 15.00 $ 15.00 15.00 54,000 67,500 126,000 247,500 Sales Tournament ball: Units 2,400 3,000 5,600 11 000 Unit price 42 42 $ 45 43.88 Sales 100,800 126,000 $ 252,000 473,000 66 sales 567,300 672,000 1,038,000 2,271,500
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