1.2.3 Direct materials purchases budget for bladder and valve:FlashKick CompanyDirect Materials Purchases Budget - Bladder andValveFor January and FebruaryBladder and valve:January FebruaryUnits producedDirect materials for productionTotal neededDirect materials purchasesDirect materials purchases budget for glue:Flashkick CompanyDirect Materials Purchases Budget - GlueFor January and FebruaryGlue:January FebruaryUnits producedDirect materials for productionTotal neededDirect materials purchases Direct Materials Purchases 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 PriceJanuary42,000$8.506,100$16.40February57,000$8.508,000$16.40March80,000$8.5013,500$16.40April115,000$8.5017,000$16.40FlashKick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 8,400practice soccer balls and 1,220 match soccer balls.Every practice ball requires 0.5 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 raw materials be in ending inventory. Beginning inventoryin January for all raw materials met this requirement.

Answered: Image /qna-images/answer/79f525da-c77e-4515-bc1d-9b293f143f82.jpg

Direct materials purchases budget for bladder and valve: FlashKick Company Direct Materials Purchases Budget - Bladder and Valve For January and February Bladder and valve: January February Units produced Direct materials for production Total needed Direct materials purchases Direct materials purchases budget for glue: FlashKick Company Direct Materials Purchases Budget - Glue For January and February Glue: January February Units produced Direct materials for production Total needed

Direct materials purchases budget for bladder and valve: FlashKick Company Direct Materials Purchases Budget - Bladder and Valve For January and February Bladder and valve: January February Units produced Direct materials for production Total needed Direct materials purchases Direct materials purchases budget for glue: FlashKick Company Direct Materials Purchases Budget - Glue For January and February Glue: January February Units produced Direct materials for production Total needed

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter8: Budgeting For Planning And Control

Section: Chapter Questions

Problem 19E: Tiger Drug Store carries a variety of health and beauty aids, including 500-count bottles of...

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1. Question Content Area 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 49,000 $8.50 6,900 $17.30 February 60,000 $8.50 7,500 $17.30 March 88,000 $8.50 12,000 $17.30 April 115,000 $8.50 17,000 $17.30 FlashKick 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 1,380 match soccer balls. Every practice ball requires 0.7 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 2…
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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 47,000 $8.85 6,300 $17.90 February 56,000 $8.85 8,400 $17.90 March 81,000 $8.85 13,500 $17.90 April 115,000 $8.85 17,500 $17.90 FlashKick requires ending inventory of product to equal 20 percent of the next month’s unit sales. Beginning inventory in January was 9,400 practice soccer balls and 1,260 match soccer balls. Every practice ball requires 0.5 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…
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Direct Materials Purchases Budget FlashKick Company manufactures and sells soccer balls for teams of children in elementary and high school. Flash Kick'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 $8.75 7,000 $16.00 February 58,000 $8.75 7,500 $16.00 March 80,000 April 100,000 $8.75 $8.75 13,000 18,000 $16.00 $16.00 Every practice ball requires 0.7 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 3 ounces of glue. FlashKick's policy is that 20 percent of the following month's production needs for
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 48,000 $8.75 6,100 $16.50 February 62,000 $8.75 7,800 $16.50 March 87,000 $8.75 13,000 $16.50 April 100,000 $8.75 16,000 $16.50 FlashKick requires ending inventory of product to equal 20 percent of the next month’s unit sales. Beginning inventory in January was 9,600 practice soccer balls and 1,220 match soccer balls. Every practice ball requires 0.6 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 3 ounces of glue. FlashKick’s…
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