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eBook Print Item Direct Materials Purchases 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 49,000 $8.60 6,000 $17.00 February 62,000 $8.60 8,400 $17.00 March 82,000 $8.60 13,000 $17.00 April 115,000 $8.60 17,500 $17.00 FlashKick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 9,800 practice soccer balls and 1,200 match soccer balls. Every practice ball requires 0.6 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 2 ounces of glue. FlashKick's policy is that 20 percent of the following month's production needs for raw materials be in ending inventory. Beginning inventory in January for all raw materials met this requirement. Required: Construct a direct materials purchases budget for each type of raw materials for the practice ball line for January and February of the coming year. If required, round your answers to the nearest cent. Direct materials purchases budget for polyvinyl chloride panels: FlashKick Company Direct Materials Purchases Budget - Polyvinyl Chloride Panels For January and February Check My Work 2 more Chéck My Work uses remaining. Previous

eBook Print Item Direct Materials Purchases 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 49,000 $8.60 6,000 $17.00 February 62,000 $8.60 8,400 $17.00 March 82,000 $8.60 13,000 $17.00 April 115,000 $8.60 17,500 $17.00 FlashKick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 9,800 practice soccer balls and 1,200 match soccer balls. Every practice ball requires 0.6 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 2 ounces of glue. FlashKick's policy is that 20 percent of the following month's production needs for raw materials be in ending inventory. Beginning inventory in January for all raw materials met this requirement. Required: Construct a direct materials purchases budget for each type of raw materials for the practice ball line for January and February of the coming year. If required, round your answers to the nearest cent. Direct materials purchases budget for polyvinyl chloride panels: FlashKick Company Direct Materials Purchases Budget - Polyvinyl Chloride Panels For January and February Check My Work 2 more Chéck My Work uses remaining. Previous

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 19E: Tiger Drug Store carries a variety of health and beauty aids, including 500-count bottles of...
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eBook Print Item Direct Materials Purchases 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 49,000 $8.60 6,000 $17.00 February 62,000 $8.60 8,400 $17.00 March 82,000 $8.60 13,000 $17.00 April 115,000 $8.60 17,500 $17.00 FlashKick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 9,800 practice soccer balls and 1,200 match soccer balls. Every practice ball requires 0.6 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 2 ounces of glue. FlashKick's policy is that 20 percent of the following month's production needs for raw materials be in ending inventory. Beginning inventory in January for all raw materials met this requirement. Required: Construct a direct materials purchases budget for each type of raw materials for the practice ball line for January and February of the coming year. If required, round your answers to the nearest cent. Direct materials purchases budget for polyvinyl chloride panels: FlashKick Company Direct Materials Purchases Budget - Polyvinyl Chloride Panels For January and February Check My Work 2 more Chéck My Work uses remaining. Previous
Transcribed Image Text:eBook Print Item Direct Materials Purchases 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 49,000 $8.60 6,000 $17.00 February 62,000 $8.60 8,400 $17.00 March 82,000 $8.60 13,000 $17.00 April 115,000 $8.60 17,500 $17.00 FlashKick requires ending inventory of product to equal 20 percent of the next month's unit sales. Beginning inventory in January was 9,800 practice soccer balls and 1,200 match soccer balls. Every practice ball requires 0.6 square yard of polyvinyl chloride panels, one bladder with valve (to fill with air), and 2 ounces of glue. FlashKick's policy is that 20 percent of the following month's production needs for raw materials be in ending inventory. Beginning inventory in January for all raw materials met this requirement. Required: Construct a direct materials purchases budget for each type of raw materials for the practice ball line for January and February of the coming year. If required, round your answers to the nearest cent. Direct materials purchases budget for polyvinyl chloride panels: FlashKick Company Direct Materials Purchases Budget - Polyvinyl Chloride Panels For January and February Check My Work 2 more Chéck My Work uses remaining. Previous
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