Question

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 $8.75 7,000 $16.00 February 58,000 $8.75 7,500 $16.00 March 80,000 $8.75 13,000 $16.00 April 100,000 $8.75 18,000 $16.00 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
Unit price	$	$	$	$
Sales	$	$	$	$
Match ball:
Units
Unit price	$	$	$	$
Sales	$	$	$	$
Total sales	$	$	$	$

Feedback

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
Unit price	$	$	$	$
Sales	$	$	$	$
Match ball:
Units
Unit price	$	$	$	$
Sales	$	$	$	$
Tournament ball:
Units
Unit price	$	$	$	$
Sales	$	$	$	$
Total sales	$	$	$	$

Answer 1

Sales Budget
			Jan	Feb	Mar	Quarter
Practice Balls
Units			50000	58000	80000	188,000
Unit Price			8.75	8.75	8.75	8.75
Sales			437500	507500	700000	1645000
Match Balls
Units			7000	7500	13000	27500
Unit Price			16	16	16	16
Sales			112000	120000	208000	440000
Total sales			549500	627500	908000	2085000
Req b:
			Jan	Feb	Mar	Quarter
Practice Balls
Units			50000	58000	80000	188,000
Unit Price			8.75	8.75	8.75	8.75
Sales			437500	507500	700000	1645000
Match Balls
Units			4200	4500	7800	16500
Unit Price			16	16	16	16
Sales			67200	72000	124800	264000
Soccer balls
Units			2800	3000	5200	11000
Unit Price			48	48	48	48
Sales			134400	144000	249600	528000
Total sales			639100	723500	1074400	2437000