2 Part 2 of 2 Requirement 2: The company has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the selling price from $8 to $7. The marketing manager would like to use the following projections in the budget 5 points Year 2 Quarter Data 2 Budgeted unit sales Selling price per unit 50,000 $7 65,000 3 115,000 Year 3 Quarter L 60.000 80,000 2 90,000 A B C D E F G 1 Chapter 8: Applying Excel eBook 2 3 Data Print 4 References 5 Budgeted unit sales 6 7 Selling price per unit 8 Accounts receivable, beginning balance 9 Sales collected in the quarter sales are made Year 3 Quarter 1 2 3 4 1 2 50,000 65,000 115.000 60.000 80.000 90,000 $ 7 per unit $ 65,000 75% 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 14 Desired ending inventory of raw materials is 15 Raw materials inventory, beginning 25% 30% of the budgeted unit sales of the next quarter 12.000 units 5 pounds 10% of the next quarter's production needs 23,000 pounds 16 Raw material costs $ 0.80 per pound Ow in the quarter the whaeae are marin