Sales Budget Smart Strike Company manufactures and sells soccer balls for teams of children in elementary and high school. Smart Strike'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, Smart Strike expects to sell the following: Practice Balls Match Balls Units Selling Price Units Selling Price January 50,000 $8.25 7,000 $15.00 February 56,000 $8.25 7,500 $15.00 March 80,000 $8.25 14,000 $15.00 April 100,000 $8.25 18,000 $15.00 Required: Question Content Area 1. Construct a sales budget for Smart Strike 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. Smart Strike CompanySales BudgetFor the First Quarter of Next Year January February March Quarter Practice ball: Units fill in the blank c23878010faefce_1 fill in the blank c23878010faefce_2 fill in the blank c23878010faefce_3 fill in the blank c23878010faefce_4 Unit price $fill in the blank c23878010faefce_5 $fill in the blank c23878010faefce_6 $fill in the blank c23878010faefce_7 $fill in the blank c23878010faefce_8 Sales $fill in the blank c23878010faefce_9 $fill in the blank c23878010faefce_10 $fill in the blank c23878010faefce_11 $fill in the blank c23878010faefce_12 Match ball: Units fill in the blank c23878010faefce_13 fill in the blank c23878010faefce_14 fill in the blank c23878010faefce_15 fill in the blank c23878010faefce_16 Unit price $fill in the blank c23878010faefce_17 $fill in the blank c23878010faefce_18 $fill in the blank c23878010faefce_19 $fill in the blank c23878010faefce_20 Sales $fill in the blank c23878010faefce_21 $fill in the blank c23878010faefce_22 $fill in the blank c23878010faefce_23 $fill in the blank c23878010faefce_24 Total sales $fill in the blank c23878010faefce_25 $fill in the blank c23878010faefce_26 $fill in the blank c23878010faefce_27 $fill in the blank c23878010faefce_28 Question Content Area 2. What if Smart Strike 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 Smart Strike 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. Smart Strike CompanySales BudgetFor the First Quarter January February March Quarter Practice ball: Units fill in the blank a06183081fcafc1_1 fill in the blank a06183081fcafc1_2 fill in the blank a06183081fcafc1_3 fill in the blank a06183081fcafc1_4 Unit price $fill in the blank a06183081fcafc1_5 $fill in the blank a06183081fcafc1_6 $fill in the blank a06183081fcafc1_7 $fill in the blank a06183081fcafc1_8 Sales $fill in the blank a06183081fcafc1_9 $fill in the blank a06183081fcafc1_10 $fill in the blank a06183081fcafc1_11 $fill in the blank a06183081fcafc1_12 Match ball: Units fill in the blank a06183081fcafc1_13 fill in the blank a06183081fcafc1_14 fill in the blank a06183081fcafc1_15 fill in the blank a06183081fcafc1_16 Unit price $fill in the blank a06183081fcafc1_17 $fill in the blank a06183081fcafc1_18 $fill in the blank a06183081fcafc1_19 $fill in the blank a06183081fcafc1_20 Sales $fill in the blank a06183081fcafc1_21 $fill in the blank a06183081fcafc1_22 $fill in the blank a06183081fcafc1_23 $fill in the blank a06183081fcafc1_24 Tournament ball: Units fill in the blank a06183081fcafc1_25 fill in the blank a06183081fcafc1_26 fill in the blank a06183081fcafc1_27 fill in the blank a06183081fcafc1_28 Unit price $fill in the blank a06183081fcafc1_29 $fill in the blank a06183081fcafc1_30 $fill in the blank a06183081fcafc1_31 $fill in the blank a06183081fcafc1_32 Sales $fill in the blank a06183081fcafc1_33 $fill in the blank a06183081fcafc1_34 $fill in the blank a06183081fcafc1_35 $fill in the blank a06183081fcafc1_36 Total sales $fill in the blank a06183081fcafc1_37 $fill in the blank a06183081fcafc1_38 $fill in the blank a06183081fcafc1_39 $fill in the blank a06183081fcafc1_40
Sales Budget Smart Strike Company manufactures and sells soccer balls for teams of children in elementary and high school. Smart Strike'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, Smart Strike expects to sell the following: Practice Balls Match Balls Units Selling Price Units Selling Price January 50,000 $8.25 7,000 $15.00 February 56,000 $8.25 7,500 $15.00 March 80,000 $8.25 14,000 $15.00 April 100,000 $8.25 18,000 $15.00 Required: Question Content Area 1. Construct a sales budget for Smart Strike 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. Smart Strike CompanySales BudgetFor the First Quarter of Next Year January February March Quarter Practice ball: Units fill in the blank c23878010faefce_1 fill in the blank c23878010faefce_2 fill in the blank c23878010faefce_3 fill in the blank c23878010faefce_4 Unit price $fill in the blank c23878010faefce_5 $fill in the blank c23878010faefce_6 $fill in the blank c23878010faefce_7 $fill in the blank c23878010faefce_8 Sales $fill in the blank c23878010faefce_9 $fill in the blank c23878010faefce_10 $fill in the blank c23878010faefce_11 $fill in the blank c23878010faefce_12 Match ball: Units fill in the blank c23878010faefce_13 fill in the blank c23878010faefce_14 fill in the blank c23878010faefce_15 fill in the blank c23878010faefce_16 Unit price $fill in the blank c23878010faefce_17 $fill in the blank c23878010faefce_18 $fill in the blank c23878010faefce_19 $fill in the blank c23878010faefce_20 Sales $fill in the blank c23878010faefce_21 $fill in the blank c23878010faefce_22 $fill in the blank c23878010faefce_23 $fill in the blank c23878010faefce_24 Total sales $fill in the blank c23878010faefce_25 $fill in the blank c23878010faefce_26 $fill in the blank c23878010faefce_27 $fill in the blank c23878010faefce_28 Question Content Area 2. What if Smart Strike 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 Smart Strike 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. Smart Strike CompanySales BudgetFor the First Quarter January February March Quarter Practice ball: Units fill in the blank a06183081fcafc1_1 fill in the blank a06183081fcafc1_2 fill in the blank a06183081fcafc1_3 fill in the blank a06183081fcafc1_4 Unit price $fill in the blank a06183081fcafc1_5 $fill in the blank a06183081fcafc1_6 $fill in the blank a06183081fcafc1_7 $fill in the blank a06183081fcafc1_8 Sales $fill in the blank a06183081fcafc1_9 $fill in the blank a06183081fcafc1_10 $fill in the blank a06183081fcafc1_11 $fill in the blank a06183081fcafc1_12 Match ball: Units fill in the blank a06183081fcafc1_13 fill in the blank a06183081fcafc1_14 fill in the blank a06183081fcafc1_15 fill in the blank a06183081fcafc1_16 Unit price $fill in the blank a06183081fcafc1_17 $fill in the blank a06183081fcafc1_18 $fill in the blank a06183081fcafc1_19 $fill in the blank a06183081fcafc1_20 Sales $fill in the blank a06183081fcafc1_21 $fill in the blank a06183081fcafc1_22 $fill in the blank a06183081fcafc1_23 $fill in the blank a06183081fcafc1_24 Tournament ball: Units fill in the blank a06183081fcafc1_25 fill in the blank a06183081fcafc1_26 fill in the blank a06183081fcafc1_27 fill in the blank a06183081fcafc1_28 Unit price $fill in the blank a06183081fcafc1_29 $fill in the blank a06183081fcafc1_30 $fill in the blank a06183081fcafc1_31 $fill in the blank a06183081fcafc1_32 Sales $fill in the blank a06183081fcafc1_33 $fill in the blank a06183081fcafc1_34 $fill in the blank a06183081fcafc1_35 $fill in the blank a06183081fcafc1_36 Total sales $fill in the blank a06183081fcafc1_37 $fill in the blank a06183081fcafc1_38 $fill in the blank a06183081fcafc1_39 $fill in the blank a06183081fcafc1_40
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Sales Budget
Smart Strike Company manufactures and sells soccer balls for teams of children in elementary and high school. Smart Strike'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, Smart Strike expects to sell the following:
| Practice Balls | Match Balls | ||||||
| Units | Selling Price | Units | Selling Price | ||||
| January | 50,000 | $8.25 | 7,000 | $15.00 | |||
| February | 56,000 | $8.25 | 7,500 | $15.00 | |||
| March | 80,000 | $8.25 | 14,000 | $15.00 | |||
| April | 100,000 | $8.25 | 18,000 | $15.00 |
Required:
Question Content Area
1. Construct a sales budget for Smart Strike 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.
| January | February | March | Quarter | |
|---|---|---|---|---|
| Practice ball: | ||||
| Units | fill in the blank c23878010faefce_1 | fill in the blank c23878010faefce_2 | fill in the blank c23878010faefce_3 | fill in the blank c23878010faefce_4 |
| Unit price | $fill in the blank c23878010faefce_5 | $fill in the blank c23878010faefce_6 | $fill in the blank c23878010faefce_7 | $fill in the blank c23878010faefce_8 |
| Sales | $fill in the blank c23878010faefce_9 | $fill in the blank c23878010faefce_10 | $fill in the blank c23878010faefce_11 | $fill in the blank c23878010faefce_12 |
| Match ball: | ||||
| Units | fill in the blank c23878010faefce_13 | fill in the blank c23878010faefce_14 | fill in the blank c23878010faefce_15 | fill in the blank c23878010faefce_16 |
| Unit price | $fill in the blank c23878010faefce_17 | $fill in the blank c23878010faefce_18 | $fill in the blank c23878010faefce_19 | $fill in the blank c23878010faefce_20 |
| Sales | $fill in the blank c23878010faefce_21 | $fill in the blank c23878010faefce_22 | $fill in the blank c23878010faefce_23 | $fill in the blank c23878010faefce_24 |
| Total sales | $fill in the blank c23878010faefce_25 | $fill in the blank c23878010faefce_26 | $fill in the blank c23878010faefce_27 | $fill in the blank c23878010faefce_28 |
Question Content Area
2. What if Smart Strike 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 Smart Strike 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.
| January | February | March | Quarter | |
|---|---|---|---|---|
| Practice ball: | ||||
| Units | fill in the blank a06183081fcafc1_1 | fill in the blank a06183081fcafc1_2 | fill in the blank a06183081fcafc1_3 | fill in the blank a06183081fcafc1_4 |
| Unit price | $fill in the blank a06183081fcafc1_5 | $fill in the blank a06183081fcafc1_6 | $fill in the blank a06183081fcafc1_7 | $fill in the blank a06183081fcafc1_8 |
| Sales | $fill in the blank a06183081fcafc1_9 | $fill in the blank a06183081fcafc1_10 | $fill in the blank a06183081fcafc1_11 | $fill in the blank a06183081fcafc1_12 |
| Match ball: | ||||
| Units | fill in the blank a06183081fcafc1_13 | fill in the blank a06183081fcafc1_14 | fill in the blank a06183081fcafc1_15 | fill in the blank a06183081fcafc1_16 |
| Unit price | $fill in the blank a06183081fcafc1_17 | $fill in the blank a06183081fcafc1_18 | $fill in the blank a06183081fcafc1_19 | $fill in the blank a06183081fcafc1_20 |
| Sales | $fill in the blank a06183081fcafc1_21 | $fill in the blank a06183081fcafc1_22 | $fill in the blank a06183081fcafc1_23 | $fill in the blank a06183081fcafc1_24 |
| Tournament ball: | ||||
| Units | fill in the blank a06183081fcafc1_25 | fill in the blank a06183081fcafc1_26 | fill in the blank a06183081fcafc1_27 | fill in the blank a06183081fcafc1_28 |
| Unit price | $fill in the blank a06183081fcafc1_29 | $fill in the blank a06183081fcafc1_30 | $fill in the blank a06183081fcafc1_31 | $fill in the blank a06183081fcafc1_32 |
| Sales | $fill in the blank a06183081fcafc1_33 | $fill in the blank a06183081fcafc1_34 | $fill in the blank a06183081fcafc1_35 | $fill in the blank a06183081fcafc1_36 |
| Total sales | $fill in the blank a06183081fcafc1_37 | $fill in the blank a06183081fcafc1_38 | $fill in the blank a06183081fcafc1_39 | $fill in the blank a06183081fcafc1_40 |
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