Smart Strike Company manufactures and sells soccer balls for teams of children in elementary and high school. Smart Stri

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Smart Strike Company Manufactures And Sells Soccer Balls For Teams Of Children In Elementary And High School Smart Stri 1 (26.83 KiB) Viewed 36 times

Smart Strike Company Manufactures And Sells Soccer Balls For Teams Of Children In Elementary And High School Smart Stri 2 (34.29 KiB) Viewed 36 times

Smart Strike Company Manufactures And Sells Soccer Balls For Teams Of Children In Elementary And High School Smart Stri 3 (29.31 KiB) Viewed 36 times

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 $12.00 7,000 $25.00 February 56,000 $12.00 8.000 $25.00 March 90,000 $12.00 14,000 $25.00 April 100,000 $12.00 18,000 325.00 Smart Strike requires ending Inventory of product to equal 25 percent of the next month's unit als Beginning Inventory In lanuary was 3.300 practice soccer balls and 400 match soccer balls
Required: Construct a production budget for each of the two product lines for Smart Strike Company for the first three months of the coming year, Production budget for practice balls: Smart Strike Company Production Budget - Practice Balls For the First Quarter of Next Year January February Unit sales 50.000 ✓ 56,000 ✓ Desired ending Inventory 14.000 ✓ 20.000 X Total needed 64,000 76,000 X March 80,000 X 25.000 105.000 X Less: Beginning inventory 3,300 14.000 ✓ 20.000 X Units produced 60.700 62,000 X 85,000 X
Production budget for match balls: Smart Strike Company Production Budget - Match Balls For the First Quarter of Next Year January February Unit sales 7.000 8.000 ✓ March 13.000 X Desired ending inventory 2.000 3.250 X 4,500 Total needed 9,000 11.250 X 17.500 X Less Beginning inventory 400 ✓ 2.000 3.250 X Units produced 3.600 9.250 X 14.250 X Feedbac Check My Work A separate production budget is constructed for each product or service provided. The production budget depends on the unit sales shown in the sales budgets Units to be produced = Unit sales - Desired unitsin ending inventory - Units in beginnico inventory