Sales Budget Flash Kick 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, HashKick expects to sell the following: Practice Balls Match Balls Units Selling Price Units Selling Price $15.00 January $8.25 6,000 50,000 56,000 February $8.25 $15.00 7,500 March 80,000 $8.25 13,000 $15.00 April 100,000 $8.25 18,000 $15.00 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. If required, round your answers to the nearest cent. Flash Kick Company Sales Budget For the First Quarter of Next Year January February March Quarter Practice ball Units Unit price Sales Matchbal Sales 888 Total sales 2. What if Fashkick 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 545 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. If required, round your answers to the nearest cent. FlashKick Company Sales Budget For the First Quarter January February March Quarter Practice ball: Units Unit price Sales Matchball: Units Unit price Din On In Sales Tournament ball: Units Unit price Sales Total sales Production Budget Flash Kick Company manufactures and sells soccer balls for teams of children in elementary and high schoolFlashkick's best-selling lines are the practice ball line (durable soccer balls for training and practice) and the mateh ball line (high-performance soccer balls used in games. In the first four months of next year, Flash Kick expects to sell the following Practice Balls Match Balls Units Selling Price Units Selling Price January 50,000 $8.75 7,000 $16.00 February 56,000 $8.75 7,500 $16.00 March 80.000 $8.75 14,000 $16.00 April 100,000 18.75 18,000 $16.00 skick requires ending inventory of product to equal 20 percent of the next month unit sales. Beginning inventory in January was 3,300 practice soccer balls and 400 match soccer balls Required: Construct a production budget for each of the two product lines for Fashkick Company for the first three months of the coming year. Production budget for practice bolls: Flash Kick Company Production Budget -Practice Balls For the First Quarter of Next Year January February March Units Total needed Construct a production budget for each of the two product lines for Flash Kick Company for the first three months of the coming year. Production budget for practice balls: FlashKick Company Production Budget -Practice Balls For the First Quarter of Next Year January February March Unit sales Total needed Units produced Production budget for match balls: FlashKick Company Production Budget - Match Balls For the First Quarter of Next Year January February March Unit sales Total needed Units produced
