a. What are the total expected cash collections for the year under this revised budget?

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

Year 2 Quarter Year 3 Quarter Data Budgeted unit sales Selling price per unit 3 50,000 65,000 115,000 75,000 80,000 90,000 1 Chapter 8: Applying Excel 2 3 Data 4 5 Budgeted unit sales Year 2 Quarter Year 3 Quarter 4 75,000 50,000 65,000 115,000 80,000 90,000 Selling price per unit $7 per unit 8Accounts receivable, beginning balance $65,000 75% 25% 30% of the budgeted unit sales of the next quarter * Sales collected in the quarter sales are made 10Sales collected in the quarter after sales are made 11Desired 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 15Raw materials inventory, beginning 6Raw material costs 17.Raw materials purchases are paid 18 and 19Accounts payable for raw materials, beginning balance 20 12,000 units 5 pounds 10% of the 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 $81,500