Sales Budget

Smart Strike Company manufactures and sells soccer balls for teams of children in elementary and high school. Smart Strike'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, Smart Strike expects to sell the following:

	Practice Balls		Match Balls
	Units		Selling Price		Units		Selling Price
January	50,000		$12		7,000		$25
February	58,000		$12		7,500		$25
March	80,000		$12		13,000		$25
April	100,000		$12		18,000		$25

Required:

Question Content Area

1. Construct a sales budget for Smart Strike 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.

	January	February	March	Quarter
Practice ball:
Units	fill in the blank 3c16d7046f97002_1	fill in the blank 3c16d7046f97002_2	fill in the blank 3c16d7046f97002_3	fill in the blank 3c16d7046f97002_4
Unit price	$fill in the blank 3c16d7046f97002_5	$fill in the blank 3c16d7046f97002_6	$fill in the blank 3c16d7046f97002_7	$fill in the blank 3c16d7046f97002_8
Sales	$fill in the blank 3c16d7046f97002_9	$fill in the blank 3c16d7046f97002_10	$fill in the blank 3c16d7046f97002_11	$fill in the blank 3c16d7046f97002_12
Match ball:
Units	fill in the blank 3c16d7046f97002_13	fill in the blank 3c16d7046f97002_14	fill in the blank 3c16d7046f97002_15	fill in the blank 3c16d7046f97002_16
Unit price	$fill in the blank 3c16d7046f97002_17	$fill in the blank 3c16d7046f97002_18	$fill in the blank 3c16d7046f97002_19	$fill in the blank 3c16d7046f97002_20
Sales	$fill in the blank 3c16d7046f97002_21	$fill in the blank 3c16d7046f97002_22	$fill in the blank 3c16d7046f97002_23	$fill in the blank 3c16d7046f97002_24
Total sales	$fill in the blank 3c16d7046f97002_25	$fill in the blank 3c16d7046f97002_26	$fill in the blank 3c16d7046f97002_27	$fill in the blank 3c16d7046f97002_28

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2. What if Smart Strike 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 $45 each in January and February, and $48 each in March? Prepare a sales budget for Smart Strike 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.