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: Practice Balls Match Balls Units Selling Price Units Selling Price January 50,000 $8.25 7,000 $15.00 February 56,000 $8.25 7,500 $15.00 March 80,000 $8.25 14,000 $15.00 April 100,000 $8.25 18,000 $15.00 Required: Question Content Area 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 first quarter. If required, round your answers to the nearest cent. Smart Strike CompanySales BudgetFor the First Quarter of Next Year January February March Quarter Practice ball: Units fill in the blank c23878010faefce_1 fill in the blank c23878010faefce_2 fill in the blank c23878010faefce_3 fill in the blank c23878010faefce_4 Unit price $fill in the blank c23878010faefce_5 $fill in the blank c23878010faefce_6 $fill in the blank c23878010faefce_7 $fill in the blank c23878010faefce_8 Sales $fill in the blank c23878010faefce_9 $fill in the blank c23878010faefce_10 $fill in the blank c23878010faefce_11 $fill in the blank c23878010faefce_12 Match ball: Units fill in the blank c23878010faefce_13 fill in the blank c23878010faefce_14 fill in the blank c23878010faefce_15 fill in the blank c23878010faefce_16 Unit price $fill in the blank c23878010faefce_17 $fill in the blank c23878010faefce_18 $fill in the blank c23878010faefce_19 $fill in the blank c23878010faefce_20 Sales $fill in the blank c23878010faefce_21 $fill in the blank c23878010faefce_22 $fill in the blank c23878010faefce_23 $fill in the blank c23878010faefce_24 Total sales $fill in the blank c23878010faefce_25 $fill in the blank c23878010faefce_26 $fill in the blank c23878010faefce_27 $fill in the blank c23878010faefce_28 Question Content Area 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 a selling price of $42 each in January and February, and $45 each in March? Prepare 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 first quarter. If required, round your answers to the nearest cent. Smart Strike CompanySales BudgetFor the First Quarter January February March Quarter Practice ball: Units fill in the blank a06183081fcafc1_1 fill in the blank a06183081fcafc1_2 fill in the blank a06183081fcafc1_3 fill in the blank a06183081fcafc1_4 Unit price $fill in the blank a06183081fcafc1_5 $fill in the blank a06183081fcafc1_6 $fill in the blank a06183081fcafc1_7 $fill in the blank a06183081fcafc1_8 Sales $fill in the blank a06183081fcafc1_9 $fill in the blank a06183081fcafc1_10 $fill in the blank a06183081fcafc1_11 $fill in the blank a06183081fcafc1_12 Match ball: Units fill in the blank a06183081fcafc1_13 fill in the blank a06183081fcafc1_14 fill in the blank a06183081fcafc1_15 fill in the blank a06183081fcafc1_16 Unit price $fill in the blank a06183081fcafc1_17 $fill in the blank a06183081fcafc1_18 $fill in the blank a06183081fcafc1_19 $fill in the blank a06183081fcafc1_20 Sales $fill in the blank a06183081fcafc1_21 $fill in the blank a06183081fcafc1_22 $fill in the blank a06183081fcafc1_23 $fill in the blank a06183081fcafc1_24 Tournament ball: Units fill in the blank a06183081fcafc1_25 fill in the blank a06183081fcafc1_26 fill in the blank a06183081fcafc1_27 fill in the blank a06183081fcafc1_28 Unit price $fill in the blank a06183081fcafc1_29 $fill in the blank a06183081fcafc1_30 $fill in the blank a06183081fcafc1_31 $fill in the blank a06183081fcafc1_32 Sales $fill in the blank a06183081fcafc1_33 $fill in the blank a06183081fcafc1_34 $fill in the blank a06183081fcafc1_35 $fill in the blank a06183081fcafc1_36 Total sales $fill in the blank a06183081fcafc1_37 $fill in the blank a06183081fcafc1_38 $fill in the blank a06183081fcafc1_39 $fill in the blank a06183081fcafc1_40

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: Practice Balls Match Balls Units Selling Price Units Selling Price January 50,000 $8.25 7,000 $15.00 February 56,000 $8.25 7,500 $15.00 March 80,000 $8.25 14,000 $15.00 April 100,000 $8.25 18,000 $15.00 Required: Question Content Area 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 first quarter. If required, round your answers to the nearest cent. Smart Strike CompanySales BudgetFor the First Quarter of Next Year January February March Quarter Practice ball: Units fill in the blank c23878010faefce_1 fill in the blank c23878010faefce_2 fill in the blank c23878010faefce_3 fill in the blank c23878010faefce_4 Unit price $fill in the blank c23878010faefce_5 $fill in the blank c23878010faefce_6 $fill in the blank c23878010faefce_7 $fill in the blank c23878010faefce_8 Sales $fill in the blank c23878010faefce_9 $fill in the blank c23878010faefce_10 $fill in the blank c23878010faefce_11 $fill in the blank c23878010faefce_12 Match ball: Units fill in the blank c23878010faefce_13 fill in the blank c23878010faefce_14 fill in the blank c23878010faefce_15 fill in the blank c23878010faefce_16 Unit price $fill in the blank c23878010faefce_17 $fill in the blank c23878010faefce_18 $fill in the blank c23878010faefce_19 $fill in the blank c23878010faefce_20 Sales $fill in the blank c23878010faefce_21 $fill in the blank c23878010faefce_22 $fill in the blank c23878010faefce_23 $fill in the blank c23878010faefce_24 Total sales $fill in the blank c23878010faefce_25 $fill in the blank c23878010faefce_26 $fill in the blank c23878010faefce_27 $fill in the blank c23878010faefce_28 Question Content Area 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 a selling price of $42 each in January and February, and $45 each in March? Prepare 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 first quarter. If required, round your answers to the nearest cent. Smart Strike CompanySales BudgetFor the First Quarter January February March Quarter Practice ball: Units fill in the blank a06183081fcafc1_1 fill in the blank a06183081fcafc1_2 fill in the blank a06183081fcafc1_3 fill in the blank a06183081fcafc1_4 Unit price $fill in the blank a06183081fcafc1_5 $fill in the blank a06183081fcafc1_6 $fill in the blank a06183081fcafc1_7 $fill in the blank a06183081fcafc1_8 Sales $fill in the blank a06183081fcafc1_9 $fill in the blank a06183081fcafc1_10 $fill in the blank a06183081fcafc1_11 $fill in the blank a06183081fcafc1_12 Match ball: Units fill in the blank a06183081fcafc1_13 fill in the blank a06183081fcafc1_14 fill in the blank a06183081fcafc1_15 fill in the blank a06183081fcafc1_16 Unit price $fill in the blank a06183081fcafc1_17 $fill in the blank a06183081fcafc1_18 $fill in the blank a06183081fcafc1_19 $fill in the blank a06183081fcafc1_20 Sales $fill in the blank a06183081fcafc1_21 $fill in the blank a06183081fcafc1_22 $fill in the blank a06183081fcafc1_23 $fill in the blank a06183081fcafc1_24 Tournament ball: Units fill in the blank a06183081fcafc1_25 fill in the blank a06183081fcafc1_26 fill in the blank a06183081fcafc1_27 fill in the blank a06183081fcafc1_28 Unit price $fill in the blank a06183081fcafc1_29 $fill in the blank a06183081fcafc1_30 $fill in the blank a06183081fcafc1_31 $fill in the blank a06183081fcafc1_32 Sales $fill in the blank a06183081fcafc1_33 $fill in the blank a06183081fcafc1_34 $fill in the blank a06183081fcafc1_35 $fill in the blank a06183081fcafc1_36 Total sales $fill in the blank a06183081fcafc1_37 $fill in the blank a06183081fcafc1_38 $fill in the blank a06183081fcafc1_39 $fill in the blank a06183081fcafc1_40

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6CE

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Question Content Area

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 first quarter. If required, round your answers to the nearest cent.

Smart Strike CompanySales BudgetFor the First Quarter of Next Year

	January	February	March	Quarter
Practice ball:
Units	fill in the blank c23878010faefce_1	fill in the blank c23878010faefce_2	fill in the blank c23878010faefce_3	fill in the blank c23878010faefce_4
Unit price	$fill in the blank c23878010faefce_5	$fill in the blank c23878010faefce_6	$fill in the blank c23878010faefce_7	$fill in the blank c23878010faefce_8
Sales	$fill in the blank c23878010faefce_9	$fill in the blank c23878010faefce_10	$fill in the blank c23878010faefce_11	$fill in the blank c23878010faefce_12
Match ball:
Units	fill in the blank c23878010faefce_13	fill in the blank c23878010faefce_14	fill in the blank c23878010faefce_15	fill in the blank c23878010faefce_16
Unit price	$fill in the blank c23878010faefce_17	$fill in the blank c23878010faefce_18	$fill in the blank c23878010faefce_19	$fill in the blank c23878010faefce_20
Sales	$fill in the blank c23878010faefce_21	$fill in the blank c23878010faefce_22	$fill in the blank c23878010faefce_23	$fill in the blank c23878010faefce_24
Total sales	$fill in the blank c23878010faefce_25	$fill in the blank c23878010faefce_26	$fill in the blank c23878010faefce_27	$fill in the blank c23878010faefce_28

Question Content Area

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 a selling price of $42 each in January and February, and $45 each in March? Prepare 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 first quarter. If required, round your answers to the nearest cent.

Smart Strike CompanySales BudgetFor the First Quarter

	January	February	March	Quarter
Practice ball:
Units	fill in the blank a06183081fcafc1_1	fill in the blank a06183081fcafc1_2	fill in the blank a06183081fcafc1_3	fill in the blank a06183081fcafc1_4
Unit price	$fill in the blank a06183081fcafc1_5	$fill in the blank a06183081fcafc1_6	$fill in the blank a06183081fcafc1_7	$fill in the blank a06183081fcafc1_8
Sales	$fill in the blank a06183081fcafc1_9	$fill in the blank a06183081fcafc1_10	$fill in the blank a06183081fcafc1_11	$fill in the blank a06183081fcafc1_12
Match ball:
Units	fill in the blank a06183081fcafc1_13	fill in the blank a06183081fcafc1_14	fill in the blank a06183081fcafc1_15	fill in the blank a06183081fcafc1_16
Unit price	$fill in the blank a06183081fcafc1_17	$fill in the blank a06183081fcafc1_18	$fill in the blank a06183081fcafc1_19	$fill in the blank a06183081fcafc1_20
Sales	$fill in the blank a06183081fcafc1_21	$fill in the blank a06183081fcafc1_22	$fill in the blank a06183081fcafc1_23	$fill in the blank a06183081fcafc1_24
Tournament ball:
Units	fill in the blank a06183081fcafc1_25	fill in the blank a06183081fcafc1_26	fill in the blank a06183081fcafc1_27	fill in the blank a06183081fcafc1_28
Unit price	$fill in the blank a06183081fcafc1_29	$fill in the blank a06183081fcafc1_30	$fill in the blank a06183081fcafc1_31	$fill in the blank a06183081fcafc1_32
Sales	$fill in the blank a06183081fcafc1_33	$fill in the blank a06183081fcafc1_34	$fill in the blank a06183081fcafc1_35	$fill in the blank a06183081fcafc1_36
Total sales	$fill in the blank a06183081fcafc1_37	$fill in the blank a06183081fcafc1_38	$fill in the blank a06183081fcafc1_39	$fill in the blank a06183081fcafc1_40

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	Practice Balls	Match Balls
	Units	Selling Price	Units	Selling Price
January	50,000	$8.25	7,000	$15.00
February	56,000	$8.25	7,500	$15.00
March	80,000	$8.25	14,000	$15.00
April	100,000	$8.25	18,000	$15.00