Question
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
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 | 7,000 | $15.00 | |||
| February | 56,000 | $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:
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 | fill in the blank 9476a8082f8afc4_1 | fill in the blank 9476a8082f8afc4_2 | fill in the blank 9476a8082f8afc4_3 | fill in the blank 9476a8082f8afc4_4 |
| Unit price | $fill in the blank 9476a8082f8afc4_5 | $fill in the blank 9476a8082f8afc4_6 | $fill in the blank 9476a8082f8afc4_7 | $fill in the blank 9476a8082f8afc4_8 |
| Sales | $fill in the blank 9476a8082f8afc4_9 | $fill in the blank 9476a8082f8afc4_10 | $fill in the blank 9476a8082f8afc4_11 | $fill in the blank 9476a8082f8afc4_12 |
| Match ball: | ||||
| Units | fill in the blank 9476a8082f8afc4_13 | fill in the blank 9476a8082f8afc4_14 | fill in the blank 9476a8082f8afc4_15 | fill in the blank 9476a8082f8afc4_16 |
| Unit price | $fill in the blank 9476a8082f8afc4_17 | $fill in the blank 9476a8082f8afc4_18 | $fill in the blank 9476a8082f8afc4_19 | $fill in the blank 9476a8082f8afc4_20 |
| Sales | $fill in the blank 9476a8082f8afc4_21 | $fill in the blank 9476a8082f8afc4_22 | $fill in the blank 9476a8082f8afc4_23 | $fill in the blank 9476a8082f8afc4_24 |
| Total sales | $fill in the blank 9476a8082f8afc4_25 | $fill in the blank 9476a8082f8afc4_26 | $fill in the blank 9476a8082f8afc4_27 | $fill in the blank 9476a8082f8afc4_28 |
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.
| FlashKick Company | ||||
| Sales Budget | ||||
| For the First Quarter | ||||
| January | February | March | Quarter | |
| Practice ball: | ||||
| Units | fill in the blank 4ab06f02707cf97_1 | fill in the blank 4ab06f02707cf97_2 | fill in the blank 4ab06f02707cf97_3 | fill in the blank 4ab06f02707cf97_4 |
| Unit price | $fill in the blank 4ab06f02707cf97_5 | $fill in the blank 4ab06f02707cf97_6 | $fill in the blank 4ab06f02707cf97_7 | $fill in the blank 4ab06f02707cf97_8 |
| Sales | $fill in the blank 4ab06f02707cf97_9 | $fill in the blank 4ab06f02707cf97_10 | $fill in the blank 4ab06f02707cf97_11 | $fill in the blank 4ab06f02707cf97_12 |
| Match ball: | ||||
| Units | fill in the blank 4ab06f02707cf97_13 | fill in the blank 4ab06f02707cf97_14 | fill in the blank 4ab06f02707cf97_15 | fill in the blank 4ab06f02707cf97_16 |
| Unit price | $fill in the blank 4ab06f02707cf97_17 | $fill in the blank 4ab06f02707cf97_18 | $fill in the blank 4ab06f02707cf97_19 | $fill in the blank 4ab06f02707cf97_20 |
| Sales | $fill in the blank 4ab06f02707cf97_21 | $fill in the blank 4ab06f02707cf97_22 | $fill in the blank 4ab06f02707cf97_23 | $fill in the blank 4ab06f02707cf97_24 |
| Tournament ball: | ||||
| Units | fill in the blank 4ab06f02707cf97_25 | fill in the blank 4ab06f02707cf97_26 | fill in the blank 4ab06f02707cf97_27 | fill in the blank 4ab06f02707cf97_28 |
| Unit price | $fill in the blank 4ab06f02707cf97_29 | $fill in the blank 4ab06f02707cf97_30 | $fill in the blank 4ab06f02707cf97_31 | $fill in the blank 4ab06f02707cf97_32 |
| Sales | $fill in the blank 4ab06f02707cf97_33 | $fill in the blank 4ab06f02707cf97_34 | $fill in the blank 4ab06f02707cf97_35 | $fill in the blank 4ab06f02707cf97_36 |
| Total sales | $fill in the blank 4ab06f02707cf97_37 | $fill in the blank 4ab06f02707cf97_38 | $fill in the blank 4ab06f02707cf97_39 | $fill in the blank 4ab06f02707cf97_40 |
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Cornerstones Of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
9781305147102, 1285751787, 1305147103, 978-1285751788
