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Direct Materials Purchases Budget Flashkick Company manufactures and sells soccer balls for teams of children in elementary and Noh school. Flash dick'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 Selling Price January 45,000 $8.50 6,300 $10.00 February 62.000 $8.50 3.700 $16.00 March 82,000 $8.50 12,500 536.00 April 105,000 $8.50 16.500 $16.00 Hashkick requires ending inventory of product to equal 20 percent of the next month's unitats Beginning inventory nary was 8,800 practice soccer balls and 1.260 match soccer balls. Every practice ball requires 0.5 re yard of polyvinylchloride panels, on ladder with valve to fill with and 1 ounces of fue id policy is that 20 percent of the following month's production needs for raw materials beinending inventory. Beginning inventory in January for a smettirent Required: Construct a direct materials porchate budget for each type of raw material for the ball line for android coming year required, round your awwers to the nearest cent Di materials poche budget for ondoride panels tashkid Company TOCHTETI Required: Construct a direct materials purchases budget for each type of raw materials for the practice ball line for January and February of the coming year. If required, round your answers to the nearest cent. Direct materials purchases budget for polyvinylchloride panels: Flashkick Company Direct Materials Purchases Budget - Polyvinyl Chloride Panels For January and February Polyvinylchloride panels January February Units produced X Direct materials per unit Direct materials for production Desired ending inventory Total needed Less: Beginning inventory Direct materials Durhases Direct materials purchases budget for bladder and valve: Flash Kick Company Direct Materials Purchases Budget - Bladder and Valve For January and February Bladder and valve: January February Units produced Direct materials per unity Direct materials for production Desired ending inventory v Total needed Less: Beginning inventory v Direct materials purchases Feedback Check Sy Work The direct materials purchases budget is similar in format to the production budget Purchases - Expected usage Dacia Direct materials purchases budget for glue: Flash Kick Company Direct Materials Purchases Budget - Glue For January and February Glue: January February Units produced Direct materials per unit Direct materials for production Desired ending inventory Total needed Less: Beginning inventory v Direct materials purchases Creo My Wor Direct Materials Purchases 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 43,000 58.50 6,300 $16.00 February 62,000 $8.50 7.700 $16.00 March 82,000 $8.50 12,500 $16.00 April 105,000 $8.50 16,500 $16.00 Flash Kick requires ending Inventory of produ soccer balls and 1,260 match soccer balls equal 20 percent of the next month's unit sales. Beginning Inventory in January was 8,600 practice Every practice ball requires 0.5 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 3 ounces of glue Flash dick's policy is that 20 percent of the following month's production needs for raw materials be in ending Inventory. Beginning inventory in January for all raw materials met this requirement. Required: Construct a direct materials purchases budget for each type of raw materials for the practice ball line for January and February of the coming year. If required, round your answers to the nearest cent
