Cost to the consumer per baseball jersey is $14.80 C&C SPORTS 4th Quarter Sales Budget-Baseball Pants Budgeted

Cost to the consumer per baseball jersey is $14.80

 

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C&C SPORTS 4th Quarter Sales Budget-Baseball Pants Budgeted unit sales (Exhibit 5-5) Budgeted sales price Budgeted sales revenue Baseball pants Baseball jerseys Award jackets Total October 10,000 * $ 12.00 -$120,000 November December 20,000 40,000 $ 12,00 $240,000 4th Quarter Sales Budget-All Products October $120,000 59,200 November December $240,000 $ 480,000 88,800 222,000 375,000 $1,077,000 125,000 625,000 $304,200 $953,800 Budgeted Units sold Budgeted Sales Price. Budgeted Revenue October ? ? S 12.00 $480,000 ? Budgeted Unit Sales. Budgeted Ending Inventory Total Units Required Beginning Inventory Budgeted Production ? October ? ? ***Using the information above prepare a detailed sales budget and production budget for baseball jerseys for the fourth quarter. Assuming that the company expects sales for 2015 to be the same as 2014 sales*** Sales Budget ? 4th Quarter 70,000 ? $ 12.00 $840,000 4th Quarter $ 840,000 370,000 1,125,000 $2,335,000 Flows to budgeted income statement November ? ? ? ? Production Budget November ? ? ? Budgeted unit sales (Exhibit 5-5) Budgeted ending inventory Total units required Beginning inventory Budgeted production ? December ? *October's budgeted beginning inventory is equal to 25% of October's budgeted unit sales. December's budgeted ending inventory is 25% of January 2015's budgeted sales of 38,000 pairs of pants (38,000 × 25 % -9,500). ? ? December ? C&C SPORTS 4th Quarter Production Budget-Baseball Pants ? ? ? ? October November 10,000 25% -20,000 +5,000 4 10,000 = 15,000 30,000 - 2,500* 5,000 = 12,500 25,000 January ? ? ? January ? ? ? 25% ? December 40,000 9.500° 49,500 10,000 39,500 ? 4th Quarter 70,000 9.500 79,500 2,500 77,000 Flows to ending inventory budget C&C SPORTS 4th Quarter Sales Budget-Baseball Pants Budgeted unit sales (Exhibit 5-5) Budgeted sales price Budgeted sales revenue Baseball pants Baseball jerseys Award jackets Total October 10,000 * $ 12.00 -$120,000 November December 20,000 40,000 $ 12,00 $240,000 4th Quarter Sales Budget-All Products October $120,000 59,200 November December $240,000 $ 480,000 88,800 222,000 375,000 $1,077,000 125,000 625,000 $304,200 $953,800 Budgeted Units sold Budgeted Sales Price. Budgeted Revenue October ? ? S 12.00 $480,000 ? Budgeted Unit Sales. Budgeted Ending Inventory Total Units Required Beginning Inventory Budgeted Production ? October ? ? ***Using the information above prepare a detailed sales budget and production budget for baseball jerseys for the fourth quarter. Assuming that the company expects sales for 2015 to be the same as 2014 sales*** Sales Budget ? 4th Quarter 70,000 ? $ 12.00 $840,000 4th Quarter $ 840,000 370,000 1,125,000 $2,335,000 Flows to budgeted income statement November ? ? ? ? Production Budget November ? ? ? Budgeted unit sales (Exhibit 5-5) Budgeted ending inventory Total units required Beginning inventory Budgeted production ? December ? *October's budgeted beginning inventory is equal to 25% of October's budgeted unit sales. December's budgeted ending inventory is 25% of January 2015's budgeted sales of 38,000 pairs of pants (38,000 × 25 % -9,500). ? ? December ? C&C SPORTS 4th Quarter Production Budget-Baseball Pants ? ? ? ? October November 10,000 25% -20,000 +5,000 4 10,000 = 15,000 30,000 - 2,500* 5,000 = 12,500 25,000 January ? ? ? January ? ? ? 25% ? December 40,000 9.500° 49,500 10,000 39,500 ? 4th Quarter 70,000 9.500 79,500 2,500 77,000 Flows to ending inventory budget

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4t quarter sales Budget Baseball Jerseys October N... View the full answer