Direct Materials Purchases 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 (dura 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 41,000 $8.75 6,900 $16.30 February 56,000 $8.75 7,700 $16.30 March 83,000 $8.75 13,500 $16.30 April 115,000 $8.75 17,000 $16.30 FlashKick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 8,200 practice soccer balls and 1,380 match soccer balls. Every 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 percem of the following month's production needs 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 yo answers to the nearest cent

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Direct Materials Purchases 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
41,000
$8.75
6,900
$16.30
February
56,000
$8.75
7,700
$16.30
March
83,000
$8.75
13,500
$16.30
April
115,000
$8.75
17,000
$16.30
FlashKick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 8,200 practice soccer balls and
1,380 match soccer balls.
Every 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
met this requirement.
of the following month's production needs for raw materials be in ending inventory. Beginning inventory in January for all raw materia
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.
Transcribed Image Text:Direct Materials Purchases 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 41,000 $8.75 6,900 $16.30 February 56,000 $8.75 7,700 $16.30 March 83,000 $8.75 13,500 $16.30 April 115,000 $8.75 17,000 $16.30 FlashKick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 8,200 practice soccer balls and 1,380 match soccer balls. Every 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 met this requirement. of the following month's production needs for raw materials be in ending inventory. Beginning inventory in January for all raw materia 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 polyvinyl chloride panels:
FlashKick Company
Direct Materials Purchases Budget - Polyvinyl Chloride
Panels
For January and February
Polyvinyl chloride panels:
January
February
Units produced
24,600 X
Direct materials for production
Total needed
Accounting numeric field
Direct materials purchases
X xx X
Transcribed Image Text:Direct materials purchases budget for polyvinyl chloride panels: FlashKick Company Direct Materials Purchases Budget - Polyvinyl Chloride Panels For January and February Polyvinyl chloride panels: January February Units produced 24,600 X Direct materials for production Total needed Accounting numeric field Direct materials purchases X xx X
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