Please do not give solution in image format thanku Sales BudgetSmart 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 Strikeexpects to sell the following:JanuaryFebruaryMarchAprilRequired:Practice BallsUnits50,00058,00080,000100,000Selling Price$12$12$12$12Units7,0007,50013,00018,000Match BallsSelling Price$25$25$25$25total sales for each product line by month and in total for the first kequired: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 firstquarter. If required, round your answers to the nearest cent.Practice ball:UnitsSmart Strike CompanySales BudgetFor the First Quarter of Next YearJanuary February MarchUnit priceSalesMatch ball:UnitsUnit price $SalesTotal salesPractice ball: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 aselling 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. Showtotal 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 CompanySales BudgetFor the First QuarterJanuary FebruaryUnitsUnit priceSalesMatch ball:UnitsUnit priceSalesTournament ball:UnitsUnit priceSalesTotal salesQuarter38March Quarter88000000 000 0000000000000000000

The budgets are prepared to estimate the requirements for the period. The sales budget is prepared…

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 Units Practice Balls 50,000 58,000 80,000 100,000 Selling Price $12 $12 $12 $12 Units 7,000 7,500 13,000 18,000 Match Balls Selling Price $25 $25 $25 $25

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 Units Practice Balls 50,000 58,000 80,000 100,000 Selling Price $12 $12 $12 $12 Units 7,000 7,500 13,000 18,000 Match Balls Selling Price $25 $25 $25 $25

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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