Company manufactures and sells soccer balls for teams of children in elementary and high school.  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,  expects to sell the following:   Practice Balls   Match Balls   Units   Selling Price   Units   Selling Price January 50,000   $8.25   6,000   $16.00 February 58,000   $8.25   8,000   $16.00 March 80,000   $8.25   14,000   $16.00 April 100,000   $8.25   18,000   $16.00  added a third line—tournament quality soccer  that were expected to take 40 percent of the units sold of the match balls and would have a selling price of $45 each

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 10EB: Keleher Industries manufactures pet doors and sells them directly to the consumer via their web...
icon
Related questions
Question

 Company manufactures and sells soccer balls for teams of children in elementary and high school.  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,  expects to sell the following:

  Practice Balls   Match Balls
  Units   Selling Price   Units   Selling Price
January 50,000   $8.25   6,000   $16.00
February 58,000   $8.25   8,000   $16.00
March 80,000   $8.25   14,000   $16.00
April 100,000   $8.25   18,000   $16.00

 added a third line—tournament quality soccer  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.

 

 

Expert Solution
steps

Step by step

Solved in 5 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning