Question
Sales Budget FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. Flash Kick's best-selling lines are the
Sales Budget FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. Flash Kick'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, FlashKick expects to sell the following: Practice Balls Match Balls Units Selling Price Units Selling Price January 50,000 $8.25 6,000 $16.00 February 58,000 $8.25 7,500 $16.00 March 80,000 $8.25 14,000 $16.00 April 100,000 $8.25 18,000 $16.00 Required: 1. 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. If required, round your answers to the nearest cent. FlashKick Company Sales Budget For the First Quarter of Next Year January February March Quarter Practice ball: Units 50,000 58,000 80,000 188,000 Unit price 8.25 8.25 8.25 $ 8.25 Sales 412,500 478,500 660,000 $ 1,551,000 Match ball: Units 6,000 7,500 14,000 27,500 Unit price $ 16 $ 16 $ 16 $ 16 Sales 96,000 120,000 $ 224,000 $ 440,000 Total sales 508,500 598,500 884,000 $ 1,991,000
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