Sales 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 50,000 $8.25 $16.00 February 56,000 $8.25 $16.00 March 80,000 $8.25 $16.00 April 100,000 $8.25 $16.00 6,000 7,500 13,000 18,000
Sales 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 50,000 $8.25 $16.00 February 56,000 $8.25 $16.00 March 80,000 $8.25 $16.00 April 100,000 $8.25 $16.00 6,000 7,500 13,000 18,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
1.1
Transcribed Image Text:Required:
1. Construct 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 of Next Year
January February March
Quarter
Practice ball:
Units
Unit price
Sales
Match ball:
Units
Unit price
Sales
Total sales
69 69 69
0000
10000
Transcribed Image Text:Sales 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
50,000
$8.25
$16.00
February
56,000
$8.25
$16.00
March
80,000
$8.25
$16.00
April
100,000
$8.25
$16.00
6,000
7,500
13,000
18,000
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