Question
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
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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 $12.00 7,000 $25.00 February 56,000 $12.00 8,000 $25.00 March 70,000 $12.00 12,000 $25.00 April 100,000 $12.00 19,000 $25.00
Smart Strike requires ending inventory of product to equal 25 percent of the next month's unit sales. Beginning inventory in January was 3,300 practice soccer balls and 400 match soccer balls.
Required:
Question Content Area
Construct a production budget for each of the two product lines for Smart Strike Company for the first three months of the coming year.
Production budget for practice balls:
Smart Strike Company Production Budget - Practice Balls For the First Quarter of Next Year January February March Unit sales fill in the blank c8585f0d3fc5fc5_1 fill in the blank c8585f0d3fc5fc5_2 fill in the blank c8585f0d3fc5fc5_3 Desired ending inventoryLess: Beginning inventoryUnit salesUnits produced - Select - - Select - - Select - Total needed fill in the blank c8585f0d3fc5fc5_8 fill in the blank c8585f0d3fc5fc5_9 fill in the blank c8585f0d3fc5fc5_10 Desired ending inventoryLess: Beginning inventoryUnit salesUnits produced - Select - - Select - - Select - Units produced fill in the blank c8585f0d3fc5fc5_15 fill in the blank c8585f0d3fc5fc5_16 fill in the blank c8585f0d3fc5fc5_17
Question Content Area
Production budget for match balls:
Smart Strike Company Production Budget - Match Balls For the First Quarter of Next Year January February March Unit sales fill in the blank b2ceab09003b009_1 fill in the blank b2ceab09003b009_2 fill in the blank b2ceab09003b009_3 Desired ending inventoryLess: Beginning inventoryUnit salesUnits produced - Select - - Select - - Select - Total needed fill in the blank b2ceab09003b009_8 fill in the blank b2ceab09003b009_9 fill in the blank b2ceab09003b009_10 Desired ending inventoryLess: Beginning inventoryUnit salesUnits produced - Select - - Select - - Select - Units produced fill in the blank b2ceab09003b009_15 fill in the blank b2ceab09003b009_16 fill in the blank b2ceab09003b009_17
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Check My Work
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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 $12.00 7,000 $25.00 February 56,000 $12.00 8,000 $25.00 March 70,000 $12.00 12,000 $25.00 April 100,000 $12.00 19,000 $25.00 Smart Strike requires ending inventory of product to equal 25 percent of the next month's unit sales. Beginning inventory in January was 3,300 practice soccer balls and 400 match soccer balls.
Required:
Question Content Area
Construct a production budget for each of the two product lines for Smart Strike Company for the first three months of the coming year.
Production budget for practice balls:
Smart Strike Company Production Budget - Practice Balls For the First Quarter of Next Year January February March Unit sales fill in the blank c8585f0d3fc5fc5_1 fill in the blank c8585f0d3fc5fc5_2 fill in the blank c8585f0d3fc5fc5_3 Desired ending inventoryLess: Beginning inventoryUnit salesUnits produced- Select - - Select - - Select - Total needed fill in the blank c8585f0d3fc5fc5_8 fill in the blank c8585f0d3fc5fc5_9 fill in the blank c8585f0d3fc5fc5_10 Desired ending inventoryLess: Beginning inventoryUnit salesUnits produced- Select - - Select - - Select - Units produced fill in the blank c8585f0d3fc5fc5_15 fill in the blank c8585f0d3fc5fc5_16 fill in the blank c8585f0d3fc5fc5_17 Question Content Area
Production budget for match balls:
Smart Strike Company Production Budget - Match Balls For the First Quarter of Next Year January February March Unit sales fill in the blank b2ceab09003b009_1 fill in the blank b2ceab09003b009_2 fill in the blank b2ceab09003b009_3 Desired ending inventoryLess: Beginning inventoryUnit salesUnits produced- Select - - Select - - Select - Total needed fill in the blank b2ceab09003b009_8 fill in the blank b2ceab09003b009_9 fill in the blank b2ceab09003b009_10 Desired ending inventoryLess: Beginning inventoryUnit salesUnits produced- Select - - Select - - Select - Units produced fill in the blank b2ceab09003b009_15 fill in the blank b2ceab09003b009_16 fill in the blank b2ceab09003b009_17
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