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Check my 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 Year Quarter Data Budgeted unit sales Selling price per unit Year Quarter 2 70,000 110,000 45,000 37 60,000 30,000 100,000 B D F G 1 2 A Chapter 3: Applying Excel 3 Data Year 3 Quarter 4 4 5 Budgeted unit sales 2 70,000 3 110.000 45.000 2 100.000 60.000 80 000 5 $ 7 per unit 65.000 75% 255 7 Selling price per unit Accounts receivable, beginning balance 9. -Sa collected in the quarter sales are made 10 Sales Colloded in the quarter after sales are made 11 Desired ending finished goods inventory 12 Finished goods inventory beginning Raw materials required to produce one unit 14 Desired ending inventory of raw material is 15 Raw materials inventory beginning 16 - Raw material costs 17. Raw materials purchases are paid 16 and 19 - Accounts payable for raw materials, beginning balance 30% of the budgeted unlesales of the quarter 12.000 units 5 pounds 10% of the next quarter's production needs 23.000 pounds 0.00 per pound GON in the quarter the purchases are made 40% In the quarter following purchase 01 500 $ 5 Pray 1 of 1 !!! Next search O i E 18 1 47" Sunny a. What are the total expected cash collections for the year under this revised budget? Expected cash collections for the year Book Print b. What is the total required production for the year under this revised budet? C erences Total required production for the year c. 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 d. 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