please help me with Cornerstone 4th edition 8.1, 8.2, and 8.3 8.1, 8.2, 8.3 an 8

Question

please help me with Cornerstone 4th edition 8.1, 8.2, and 8.3

8.1, 8.2, 8.3 an 8.4. please help

practice) and the match ball line thig year the first lour months of thigh-pertormance soccer next year. I:lish Kick expects to sell the following Match Sal P'ractice Halls selling Prce 58.75 S8 75 $8.75 3,00 total sale d sales budget for FlashKick for the first three months of the 2. s or each product line by month and in total for the first quarterog Whar if Flash Kick added a third line tournament q quality soccer bails that cent of the units sold of the match balls and would have at wee each in to take 40 anuary and February, and $48 each in March? Prepare a sales bud Dio month and in total for the first quarter ree months of the coming year. Show total sales for each rec OBJECTIVE 2 Cornerstone Exercise 8.2 NERSTONE 8.2 Refer to Production Budget Cornerstone Exercise 8.1, through Requirement 1. FlashKick requires f produc was 3,100qpercent of the next month's unit sales. Beginning invetg Required: t to equal 20 practice soccer balls and 400 match soccer balls. Construc t a production budget for each of the two product lines for Flash for the first three months of the coming year 2. W hat if FlashKick wanted a production budget for the two product lines for pt? what additional information would you need to prepare this budger? the mor ECTIVE 2 C TONE 8.3 Ref ornersto ne Exercise 8.3 Direct Materials Purchases Budget er to Cornerstone Exercise 8.2 for the production budgets for practice balls and match be Every practice (to fill with air), month' uary for all raw materials met this requirement. ce ball requires 0.7 square yard of polyvinyl chloride panels, one bladder a and 3 ounces of glue. FlashKick's policy is that 20 percent of tht s production needs for raw materials be in ending inventory. Beginning invento Required I. Construct a direct materials purchases budget for each type of raw materials for te ball line for January and February of the coming year 2. What if FlashKick decreased the ending inventory percentage to 15 percent of the month's production needs? What impact would that have on the direct materials purcau budgets prepared in Requirement 1? Cornerstone Exercise 8.4 Direct Labor Budget for Service The School of Accounting (SOA) at State University is planning its annual fundraising co paign for accounting alumni. This year, the SOA is planning a call-a-thon and will ask Be Alpha Psi members to volunteer to make phone calls to a list of 5,000 alumni. The Dean's oft has agreed to let Beta Alpha Psi use their offices from 6 p.m. to 9 p.m. each weekday so tha they will have access to phones. Each volunteer will be provided with a phone and a srip wid E E 8.4 do

Explanation / Answer

Question 8.1

(1) Production Budget for each line of product items

(2) We need the Projected Sales units for each line of items for the month of May as an additional information to prepare the budget.

Question 8.2

(1) Direct material purchase budget for each type of Raw materials

(2) Impact on Direct material purchase, if ending inventory is decrease to 15%

Practice Balls Home Balls Units of Sales during month Beginning Invetory units Required Purchase during month Ending Inventory units (20% of next month sales) Units of Sales during month Beginning Invetory units Required Purchase during month Ending Inventory units (20% of next month sales) January 50000 3100 58500 11600 7000 400 8100 1500 February 58000 11600 62400 16000 7500 1500 8600 2600 March 80000 16000 84000 20000 13000 2600 14000 3600 April 100000 20000 80000 0 18000 3600 14400 0

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