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Sales Budget Smart Strike Company manufactures and sells soccer balls for teams of children in elementary and high school. Smart Strike's best- practice ball line (durable soccer balls for training and practice) and the match ball line (high-performance soccer balls used in game months of next year, Smart Strike expects to sell the following: Practice Balls January February March April Required: Units Practice ball: Units 50,000 56,000 80,000 100,000 $ Selling Price $8.25 $8.25 $8.25 $8.25 For the First Quarter of Next Year January February March Smart Strike Company Sales Budget 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 the first quarter. If required, round your answers to the nearest cent. Units Quarter 7,000 8,000 14,000 18,000 Match Balls Selling Price $16.00 $16.00 $16.00 $16.00

Sales Budget Smart Strike Company manufactures and sells soccer balls for teams of children in elementary and high school. Smart Strike's best- practice ball line (durable soccer balls for training and practice) and the match ball line (high-performance soccer balls used in game months of next year, Smart Strike expects to sell the following: Practice Balls January February March April Required: Units Practice ball: Units 50,000 56,000 80,000 100,000 $ Selling Price $8.25 $8.25 $8.25 $8.25 For the First Quarter of Next Year January February March Smart Strike Company Sales Budget 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 the first quarter. If required, round your answers to the nearest cent. Units Quarter 7,000 8,000 14,000 18,000 Match Balls Selling Price $16.00 $16.00 $16.00 $16.00

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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1 Required: 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 Company Sales Budget For the First Quarter of Next Year Practice ball: Units Unit price S Sales Match ball: Units Unit price $ Sales Total sales January February March Quarter Sales 00000001 0000000 0000000 0000000 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 $45 each in January and February, and $48 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. Practice ball: Units Unit price Sales Match ball: Units Unit price Sales Tournament ball: Units Unit price Total sales 188 Smart Strike Company Sales Budget For the First Quarter January February March Quarter 8888 188 00 000 00001
Transcribed Image Text:1 Required: 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 Company Sales Budget For the First Quarter of Next Year Practice ball: Units Unit price S Sales Match ball: Units Unit price $ Sales Total sales January February March Quarter Sales 00000001 0000000 0000000 0000000 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 $45 each in January and February, and $48 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. Practice ball: Units Unit price Sales Match ball: Units Unit price Sales Tournament ball: Units Unit price Total sales 188 Smart Strike Company Sales Budget For the First Quarter January February March Quarter 8888 188 00 000 00001
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: January February March April Required: Units Practice ball: Practice Balls Units Unit price 50,000 56,000 80,000 100,000 Selling Price $8.25 $8.25 $8.25 $8.25 Smart Strike Company Sales Budget For the First Quarter of Next Year January February March Quarter Units $ 7,000 8,000 14,000 18,000 Match Balls Selling Price 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. $16.00 $16.00 $16.00 $16.00
Transcribed Image Text: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: January February March April Required: Units Practice ball: Practice Balls Units Unit price 50,000 56,000 80,000 100,000 Selling Price $8.25 $8.25 $8.25 $8.25 Smart Strike Company Sales Budget For the First Quarter of Next Year January February March Quarter Units $ 7,000 8,000 14,000 18,000 Match Balls Selling Price 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. $16.00 $16.00 $16.00 $16.00
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