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Sales Budget For the First Quarter January February March Quarter Practice ball: Units 50,000 58,000 80,000 188,000 Unit price 8.25 8.25 8.25 8.25 Sales 412,500 478,500 660,000 1,551,000 Match ball: Units 3,600 4,500 7,800 15,900 Unit price 15 15 15 15 54,000 67,500 117,000 238,500 Sales %24 %24 %24 %24 %24 %24 %24

Sales Budget For the First Quarter January February March Quarter Practice ball: Units 50,000 58,000 80,000 188,000 Unit price 8.25 8.25 8.25 8.25 Sales 412,500 478,500 660,000 1,551,000 Match ball: Units 3,600 4,500 7,800 15,900 Unit price 15 15 15 15 54,000 67,500 117,000 238,500 Sales %24 %24 %24 %24 %24 %24 %24

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2. What if FlashKick added a third line-tournament quality soccer balls that were expected to take 40 percent of the units sold of the match balls and would have a selling price of $42 each in January and February, and $45 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. FlashKick Company Sales Budget For the First Quarter January February March Quarter Practice ball: Units 50,000 58,000 80,000 188,000 Unit price 8.25 8.25 8.25 8.25 Sales 412,500 478,500 660,000 1,551,000 Match ball: Units 3,600 4,500 7,800 15,900 I Unit price 15 15 15 15 Sales 54,000 67,500 117,000 238,500 Tournament ball: Units 2,400 3,000 5,200 10,600 42 42 45 43 Unit price 100,800 126,000 234,000 460,800 Sales 1 011 00n 2250 300 567 200 672 000 umts soi or he natcn DaiS and would Tiave a semng PIICE of p4z tach mJandary a Orebrury amu 5 eacirinTMarcm 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. FlashKick Company Sales Budget For the First Quarter January February March Quarter Practice ball: Units 50,000 58,000 80,000 188,000 Unit price 8.25 8.25 8.25 8.25 Sales 412,500 478,500 660,000 1,551,000 Match ball: Units 3,600 4,500 7,800 15,900 Unit price 15 15 15 15 54,000 67,500 117,000 238,500 I Sales Tournament ball: Units 2,400 3,000 5,200 10,600 42 42 45 43 Unit price 100,800 126,000 234,000 460,800 Sales 567,300 672,000 1,011,000 2,250,300 Total sales %24 %24 %24 %24 %24 %24 %24
Transcribed Image Text:2. What if FlashKick added a third line-tournament quality soccer balls that were expected to take 40 percent of the units sold of the match balls and would have a selling price of $42 each in January and February, and $45 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. FlashKick Company Sales Budget For the First Quarter January February March Quarter Practice ball: Units 50,000 58,000 80,000 188,000 Unit price 8.25 8.25 8.25 8.25 Sales 412,500 478,500 660,000 1,551,000 Match ball: Units 3,600 4,500 7,800 15,900 I Unit price 15 15 15 15 Sales 54,000 67,500 117,000 238,500 Tournament ball: Units 2,400 3,000 5,200 10,600 42 42 45 43 Unit price 100,800 126,000 234,000 460,800 Sales 1 011 00n 2250 300 567 200 672 000 umts soi or he natcn DaiS and would Tiave a semng PIICE of p4z tach mJandary a Orebrury amu 5 eacirinTMarcm 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. FlashKick Company Sales Budget For the First Quarter January February March Quarter Practice ball: Units 50,000 58,000 80,000 188,000 Unit price 8.25 8.25 8.25 8.25 Sales 412,500 478,500 660,000 1,551,000 Match ball: Units 3,600 4,500 7,800 15,900 Unit price 15 15 15 15 54,000 67,500 117,000 238,500 I Sales Tournament ball: Units 2,400 3,000 5,200 10,600 42 42 45 43 Unit price 100,800 126,000 234,000 460,800 Sales 567,300 672,000 1,011,000 2,250,300 Total sales %24 %24 %24 %24 %24 %24 %24
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 6,000 $15.00 February 58,000 $8.25 7,500 $15.00 March 80,000 $8.25 13,000 $15.00 April 100,000 $8.25 18,000 $15.00 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 50,000 V 58,000 V 80,000 188,000 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 三 Practice ball: 50,000 58,000 80,000 V 188,000 Units 8.25 8.25 8.25 8.25 Unit price 412,500 478,500 660,000 1,551,000 Sales Match ball: 6,000 7,500 13,000 V 26,500 Units 15 15 V 15 15 Unit price 112,500 195,000 397,500 Sales 90,000 591,000 855,000 V 1,948,500 502,500 Total sales 2. What if FlashKick added a third line-tournament quality soccer balls that were expected to take 40 percent of the units sold of the match balls and would have a selling price of $42 each in January and February, and $45 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 hy month and in total for the firct ouarter If required round vour anewers to the nearect cont > <>
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 6,000 $15.00 February 58,000 $8.25 7,500 $15.00 March 80,000 $8.25 13,000 $15.00 April 100,000 $8.25 18,000 $15.00 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 50,000 V 58,000 V 80,000 188,000 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 三 Practice ball: 50,000 58,000 80,000 V 188,000 Units 8.25 8.25 8.25 8.25 Unit price 412,500 478,500 660,000 1,551,000 Sales Match ball: 6,000 7,500 13,000 V 26,500 Units 15 15 V 15 15 Unit price 112,500 195,000 397,500 Sales 90,000 591,000 855,000 V 1,948,500 502,500 Total sales 2. What if FlashKick added a third line-tournament quality soccer balls that were expected to take 40 percent of the units sold of the match balls and would have a selling price of $42 each in January and February, and $45 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 hy month and in total for the firct ouarter If required round vour anewers to the nearect cont > <>
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