A. What is the total expected cash collection for the year under the revised budget?

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

Chapter 8: Applying Excel Data 2 65,000 Year 3 Quarter 4 1 60,000 90.000 2 95.000 Budgeted unit sales 50,000 110,000 $ $ 1 Selling price per unit Accounts receivable, beginning balance Sales collected in the quarter sales are made Sales collected in the quarter after sales are made - Desired ending finished goods inventory is Finished goods inventory, beginning - Raw materials required to produce one unit Desired ending inventory of raw materials is Raw materials inventory beginning Raw material costs - Raw materials purchases are paid 7 per unit 65,000 75% 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 0 80 per pound 60% in the quarter the purchases are made 40% in the quarter following purchase 81 500 $ - Accounts payable for raw materials, beginning balance $