ary 49,000 $8.90 6,800 $16.90 шагу 59,000 $8.90 8,400 $16.90 h 85,000 $8.90 12,500 $16.90 110,000 $8.90 16,500 $16.90 Kick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 9,800 practice soccer balls and 1,360 match soccer balls. practice ball requires 0.6 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 2 ounces of glue. Flashkick's policy is that 20 percent of the following month's production needs for tory. Beginning inventory in January for all raw materials met this requirement. mired: truct 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. t materials purchases budget for polyvinyl chloride panels: Flashkick Company rect Materials Purchases Budget - Polyvinyl Chloride Panels For January and February vinyl chloride panels: January February ts produced pirect materials for production Total needed
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Direct Materials Purchases Budget
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