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Production Budget Smart Strike Company manufactures and sells soccer balls for teams of children in...

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Accounting

Production 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 $12.00 7,000 $25.00 February 56,000 $12.00 7,500 $25.00 March 80,000 $12.00 14,000 $25.00 April 100,000 $12.00 18,000 $25.00

Smart Strike requires ending inventory of product to equal 25 percent of the next month's unit sales. Beginning inventory in January was 3,300 practice soccer balls and 400 match soccer balls.

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