The Mata Batting Company manufactures wood baseball bats. Mata's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and college-aged players. Mata sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $ 60; the adult bat sells for $ 70. Mata's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. Mata's balance sheet for December31, 2018, and other data for the first quarter of 2019
follow:
Budgeted sales calculates the budgeted sales revenue which would be generated by company for coming period | |||||||
Budgeted sales | Budgeted unit sales*Selling price per unit | ||||||
The sales budget for First quarter of 2019 is shown below | |||||||
Mata Batting Company | |||||||
Sales budget | |||||||
For the Quarter Ended March 31, 2019 | |||||||
Youth Bats | Adult Bats | Total | |||||
Budgeted bats to be sold | 1700 | 3400 | 5100 | ||||
Sales price per unit | $60 | $70 | |||||
Total sales | $102,000 | $238,000 | $340,000 | ||||
Thus, budgeted total sales is $340,000. | |||||||
The Mata Batting Company manufactures wood baseball bats. Mata's two primary products are a youth bat,...
The Mata Batting Company manufactures wood baseball bats. Mata's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and college-aged players. Mata sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $20; the adult bat sells for $40. Mata's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season....
The Haney Batting Company manufactures wood baseball bats. Haney's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and college-aged players. Haney sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $20; the adult bat sells for $45. Haney's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season....
d-platform-118odpName-SMSBisPrint Problems Group B P22-47B Preparing an operating budget-sales, production, direct materials, direct labor, overhead, COGS, and S&A expense budgets The Irwin Batting Company manufactures wood baseball bats. Irwin's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and college-aged players. Irwin sells the bats to sporting goods stores, and all sales are on account. The youth bat sells for $35; the adult bat sells for $50. Irwin's...
Requirement 4. Fropare Sharpe's cost of goods sold budget for th first quarter of 2019 Before preparing the cost of goods sold budget calculate the projected manufacturing cest per bat for 2019. (Round al amounts to the nearest cent.) Youth Bats Adult Bats Direct materials cost per bat 10.10 S 10.80 Production Budget 4 00 Direct labor cost per bat 220 20 Marufarcturing averhcad ccst per bat 16.80 17.00 Total projected manufacturing.cost per bat for 2019 X ASales Budget Sharpe...
Problems Group A P7-39A Preparing an operating budget-ales, production, direct maserals, 157 Learning Objective 3 labor, overhead, COGS, and S&A expense budgets The Huber Batting Company manufacrures wood baseball bats. Hube's two primary products are a youth bat.designed for children and young teDA, and 3. POHR S8 4, Adult bats COGS $60.690 adult bat, designed for high school and college-aged players. Huber sells he be wmb Sale sporting goods stores, and all sales are on account. The youth bat sellsor...
ning Objective 3 Problems Group A manufacturing 7 rials, die coduction, direct materials, di -39A Preparing bats COGS 560,690 3. POHRS labor, overhead, COGS, and S&A ep luber Batting Company manufactures wo Huber sells the bats to The Huber Batting Compar primary products al adult bat, designed Sporting goods stores, and all adult bat sells for $65. Hu the year as retailer ing an operating budget-sales, product A, COGS, and S&A expense budgets wood baseball bats. Huber's two Products are...
Mets Inc. makes baseball equipment. One of the products that they make and sell are baseball bats. Each bat is made of wood and the handle of the bat is covered in a rubber tape to improve grip. Mets Inc. is currently preparing their budget for the next year. They believe they will sell 500,000 bats over the year and that they will sell each one for $35 each. They estimate that, on average, each bat will need 3 feet...
Major League Bat Company manufactures baseball bats. In addition to its work in process inventories, the company maintains inventories of raw materials and finished goods. It uses raw materials as direct materials in production and as indirect materials. Its factory payroll costs include direct labor for production and indirect labor. All materials are added at the beginning of the process, and conversion costs are applied uniformly throughout the production process. Required: You are to maintain records and produce measures of...
Comprehensive Problem Major League Bat Company Major League Bat Company manufactures baseball bats. In addition to its work in process inventories, the company maintains inventories of raw materials and finished goods. It uses raw materials as direct materials in production and as indirect materials. Its factory payroll costs include direct labor for production and indirect labor. All materials are added at the beginning of the process, and conversion costs are applied uniformly throughout the production process. Required: You are to...
Major League Bat Company manufactures baseball bats. In addition to its work in process inventories, the company maintains inventories of raw materials and finished goods. It uses raw materials as direct materials in production and as indirect materials. Its factory payroll costs include direct labor for production and indirect labor. All materials are added at the beginning of the process, and conversion costs are applied uniformly throughout the production process. Required: You are to maintain records and produce measures of...