Calculate the expected cash collections for each quarter of the fiscal year and for the year as a whole. Caiculate the required production in units of finished goods for each quarter of the fiscal year and for the year as The selling price of the company's product is $12 per unit. Management expects to collect 75 of of sales in the quarter in which the sales are made, 20% in the following quarter, and 5% of sales are expected to be uncoliectible. The beginning batance of accounts recelvable. all of which is expected to be collected in the first quarter, is $70,800. The company expects to start the first quarter with 1,695 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 15% of the next quarter's budgeted sales. The desired ending finishend goods inventory fol the fourth quarter is 1,895 units. Required: 1. Calculate the estimated sales for each quarter of the fiscal year and for the year as a whole. 2. Calculate the expected cash collections for each quarter of the fiscal year and for the year as a whole. 3. Calculate the required production in units of finished goods for each quarter of the fiscal year and for the year as a whole. Complete this question by entering your answers in the tabs below