1.2 2. What if FlashKick added a third line-tournament quality soccer balls that were expected to take 40 percent of the units sold of thematch balls and would have a selling price of $45 each in January and February, and $48 each in March? Prepare a sales budget forFlashKick 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. Ifrequired, round your answers to the nearest cent.FlashKick CompanySales BudgetFor the First QuarterJanuary February MarchQuarterPractice ball:UnitsUnit priceSalesMatch ball:UnitsUnit priceSalesTournament ball:UnitsUnit priceSalesTotal sales+A Sales BudgetFlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. FlashKick's best-selling lines arethe practice ball line (durable soccer balls for training and practice) and the match ball line (high-performance soccer balls used in games). Inthe first four months of next year, FlashKick expects to sell the following:Practice BallsMatch BallsUnitsSelling PriceUnitsSelling PriceJanuary50,000$8.25$16.00February56,000$8.25$16.00March80,000$8.25$16.00April100,000$8.25$16.006,0007,50013,00018,000

The sales budget tells about the estimated sales units and selling price and total sales revenue to…

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:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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