70.2K

Verified Solution

Link Copied!

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 $50,000$ $$8\mathrm{.}757,000$ $$16\mathrm{.}00$

February $58,000$ $$8\mathrm{.}757,500$ $$16\mathrm{.}00$

March $80,000$ $$8\mathrm{.}7513,000$ $$16\mathrm{.}00$

April $100,000$ $$8\mathrm{.}7518,000$ $$16\mathrm{.}00$

Required:

Question Content Area

$1.$ 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 fill in the blank $111$f$8905$d$03$ef$90\_1$ fill in the blank $111$f$8905$d$03$ef$90\_2$ fill in the blank $111$f$8905$d$03$ef$90\_3$ fill in the blank $111$f$8905$d$03$ef$90\_4$

Unit price $fill in the blank $111$f$8905$d$03$ef$90\_5$ $fill in the blank $111$f$8905$d$03$ef$90\_6$ $fill in the blank $111$f$8905$d$03$ef$90\_7$ $fill in the blank $111$f$8905$d$03$ef$90\_8$

Sales $fill in the blank $111$f$8905$d$03$ef$90\_9$ $fill in the blank $111$f$8905$d$03$ef$90\_10$ $fill in the blank $111$f$8905$d$03$ef$90\_11$ $fill in the blank $111$f$8905$d$03$ef$90\_12$

Match ball:

Units fill in the blank $111$f$8905$d$03$ef$90\_13$ fill in the blank $111$f$8905$d$03$ef$90\_14$ fill in the blank $111$f$8905$d$03$ef$90\_15$ fill in the blank $111$f$8905$d$03$ef$90\_16$

Unit price $fill in the blank $111$f$8905$d$03$ef$90\_17$ $fill in the blank $111$f$8905$d$03$ef$90\_18$ $fill in the blank $111$f$8905$d$03$ef$90\_19$ $fill in the blank $111$f$8905$d$03$ef$90\_20$

Sales $fill in the blank $111$f$8905$d$03$ef$90\_21$ $fill in the blank $111$f$8905$d$03$ef$90\_22$ $fill in the blank $111$f$8905$d$03$ef$90\_23$ $fill in the blank $111$f$8905$d$03$ef$90\_24$

Total sales $fill in the blank $111$f$8905$d$03$ef$90\_25$ $fill in the blank $111$f$8905$d$03$ef$90\_26$ $fill in the blank $111$f$8905$d$03$ef$90\_27$ $fill in the blank $111$f$8905$d$03$ef$90\_28$

Feedback Area

Feedback

Question Content Area

$2.$ What if FlashKick added a third line$$tournament quality soccer balls that were expected to take $40$ percent of the units sold of the match balls and would have a selling price of $$45$ each in January and February, and $$48$ 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 fill in the blank $90$c$98$eff$3025$fc$0\_1$ fill in the blank $90$c$98$eff$3025$fc$0\_2$ fill in the blank $90$c$98$eff$3025$fc$0\_3$ fill in the blank $90$c$98$eff$3025$fc$0\_4$

Unit price $fill in the blank $90$c$98$eff$3025$fc$0\_5$ $fill in the blank $90$c$98$eff$3025$fc$0\_6$ $fill in the blank $90$c$98$eff$3025$fc$0\_7$ $fill in the blank $90$c$98$eff$3025$fc$0\_8$

Sales $fill in the blank $90$c$98$eff$3025$fc$0\_9$ $fill in the blank $90$c$98$eff$3025$fc$0\_10$ $fill in the blank $90$c$98$eff$3025$fc$0\_11$ $fill in the blank $90$c$98$eff$3025$fc$0\_12$

Match ball:

Units fill in the blank $90$c$98$eff$3025$fc$0\_13$ fill in the blank $90$c$98$eff$3025$fc$0\_14$ fill in the blank $90$c$98$eff$3025$fc$0\_15$ fill in the blank $90$c$98$eff$3025$fc$0\_16$

Unit price $fill in the blank $90$c$98$eff$3025$fc$0\_17$ $fill in the blank $90$c$98$eff$3025$fc$0\_18$ $fill in the blank $90$c$98$eff$3025$fc$0\_19$ $fill in the blank $90$c$98$eff$3025$fc$0\_20$

Sales $fill in the blank $90$c$98$eff$3025$fc$0\_21$ $fill in the blank $90$c$98$eff$3025$fc$0\_22$ $fill in the blank $90$c$98$eff$3025$fc$0\_23$ $fill in the blank $90$c$98$eff$3025$fc$0\_24$

Tournament ball:

Units fill in the blank $90$c$98$eff$3025$fc$0\_25$ fill in the blank $90$c$98$eff$3025$fc$0\_26$ fill in the blank $90$c$98$eff$3025$fc$0\_27$ fill in the blank $90$c$98$eff$3025$fc$0\_28$

Unit price $fill in the blank $90$c$98$eff$3025$fc$0\_29$ $fill in the blank $90$c$98$eff$3025$fc$0\_30$ $fill in the blank $90$c$98$eff$3025$fc$0\_31$ $fill in the blank $90$c$98$eff$3025$fc$0\_32$

Sales $fill in the blank $90$c$98$eff$3025$fc$0\_33$ $fill in the blank $90$c$98$eff$3025$fc$0\_34$ $fill in the blank $90$c$98$eff$3025$fc$0\_35$ $fill in the blank $90$c$98$eff$3025$fc$0\_36$

Total sales $fill in the blank $90$c$98$eff$3025$fc$0\_37$ $fill in the blank $90$c$98$eff$3025$fc$0\_38$ $fill in the blank $90$c$98$eff$3025$fc$0\_39$ $fill in the blank $90$c$98$eff$3025$fc$0\_40$

Feedback Area

Answer & Explanation Solved by verified expert

See Answer