2. What if FlashKick added a third line-tournament 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 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:
2. What if FlashKick added a third line-tournament 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 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:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:2. What if FlashKick added a third line-tournament 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
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
Unit price
Sales
Match ball:
Units
Unit price
Sales
Tournament ball:
Units
Unit price
Sales
Total sales
+A
Transcribed Image Text:Sales Budget
FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKick'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
$16.00
February
56,000
$8.25
$16.00
March
80,000
$8.25
$16.00
April
100,000
$8.25
$16.00
6,000
7,500
13,000
18,000
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