Book What is the total cost of raw materials to be purchased for the year under this revised budget? otal cost of raw materials to be purchased for the ear Print ferences What are the total expected cash disbursements for raw materials for the year under this revised budget? otal expected cash disbursements for raw materials for the year he company has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the selling ice from $8 to $7. The marketing manager would like to use the following projections in the budget: Part 2 of 2 Data Year 2 Quarter 2 Year 3 Quarter 3 1 Budgeted unit sales Selling price per unit 45,000 65,000 105,000 70,000 85,000 90,000 $7 28 points 1 Chapter 8: Applying Excel A B C D E G 2 3 Data 4 1 2 3 4 Year 3 Quarter 1 2 10 Print 5 Budgeted unit sales 45,000 65.000 105,000 70,000 85,000 90,000 6 References 7 Selling price per unit $ 7 per unt 8 Accounts receivable, beginning balance $ 65,000 9 Sales collected in the quarter sales are made 75% 10 Sales collected in the quarter after sales are made 11 Desired ending finished goods inventory is 12 Finished goods inventory, beginning 25% 30% of the budgeted unit sales of the next quarter 12.000 units 13 Raw materials required to produce one unit 5 pounds 14 Desired ending inventory of raw materials is 10% of the next quarter's production needs 15 Raw materials inventory, beginning 16 Raw material costs 23.000 pounds $ 0.80 per pound 17 Raw materials purchases are paid 18 and 19 Accounts payable for raw materials, beginning balance $ 60% in the quarter the purchases are made 40% in the quarter following purchase 81.500 Mc Graw Hall < Prev 2 of 2 Next >