1/What are the total expected cash collections for the year under this revised budget?

Expected cash collections for yesr is_____

2/What is the total required production for the year under this revised budget?

Total required production for the year____

3/What is the total cost of raw materials to be purchased for the year under this revised budget? Total cost of raw materials to be purchased for the year under this revised budget___

4/ What are the total expected cash disbursements for raw materials for the year under this revised budget?

Total expected cash disbursements for raw materials for the year___

5/

After seeing this revised budget, the production manager cautioned that due to the current production constraint, a complex milling machine, the plant can produce no more than 80,000 units in any one quarter. Is this a potential problem?

These all the info in the question it is writtne as this i have no clue why there is revised budget

	Yes
	No

The company has just hired a new marketing mnager who insists that unit sales can be dramatically ncreased by dropping the selling price from $8 to $7 The marketing manager would like to use the following projections in the budget Budgeted unit sales Selling price per unit 50,000 65,000 115,000 60,000 85,000 100,00 $7 per unit 1 Chapter 7: Applying Excel 3 Data 5 Budgeted unit sales 7Selling price per unit Year 2 0 Year 3 Quarter 50,000 65,000 115,000 60,000 85,000100,000 $8 per unit . Accounts receivable, beginning balance 9Sales collected in the quarter sales are made 10 Sales collected in the quarter after sales are made 11 Desired ending finished goods inventory is 12 Finished goods inventory, beginning 13 Raw materials required to produce one unit 4 Desired ending inventory of raw materials is 15 Raw materials inventory, beginning $65,000 75% 25% 30% of the budgeted unit sales of the next quarter 12,000 units 5 pounds 10% ofthe next quarter's production needs 23,000 pounds $0.80 per pound 60% in the quarter the purchases are made 40% in the quarter following purchase 16 .Raw material costs 17 Raw materials purchases are paid 18 and 19.Accounts payable for raw materials, beginning balance$81,500 20