Sales Budget FlashKick 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, Flash Kick expects to sell the following: Practice Balls Match Balls Units Selling Price Units Selling Price 50,000 January $8.25 6,000 $15.00 February 58,000 $8.25 7,500 $15.00 March 80,000 $8.25 13,000 $15.00 April 100,000 $15.00 $8.25 18,000 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: 58,000 50,000 80,000 Units 188,000 8.25 8.25 $ 8.25 8.25 Unit price 8.25 8.25 8.25 8.25 Unit price $ 412,500 Sales 478,500 660,000 1,551,000 Match ball: Units 6,000 7,500 13,000 26,500 15 $ 15 $ 15 15 Unit prices Sales $ 90,000 112,500 195,000 397,500 502,500 591,000 855,000 Total sales 1,948,500 Feedback Check My Work The Sales Budget is the projection approved by the budget committee that describes expected sales for each product in units and dollars. The sales budget must be constructed first, before other budgets can be constructed 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 $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. Flash Kick Company Sales Budget For the First Quarter tartar 1 Fehmina March 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 $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. FlashKick Company Sales Budget For the First Quarter January February March Quarter Practice ball: Units 50,000 58,000 80,000 188,500 X 8.25 Unit price $ 8.25 8.25 8.25 Sales 478,500 412,500 $ 660,000 1,551,000 Match ball: Units 3,600 4,500 7,800 15,900 Unit price 15 15 si 15 15 Sales 54,000 $ 67,500 117,000 $ 238,500 Tournament ball: Units 2,400 3,000 5,200 10,600 42 42 45 Unit price $ 12 X 100,800 126.000 Sales $ 234,000 sl Sales 412,500 478,500 660,000 1,551,000 Match ball Units 3,600 4,500 7,800 15,900 15 Unit price 15 15 15 Sales 54,000 67,500 117,000 238,500 Tournament ball: Units 2,400 3,000 5,200 10,600 42 Unit price 42 45 $ 42 Sales 100,800 126,000 234,000 s 567,300 Total sales 1,011,000 672,000 Feedback Check My Work Take the Sales Budget in Requirement one and add the tournament line to it. Be sure and adjust the match balls as specified. Feedback Check. My Work Partially correct