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Complete all parts Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B26 enter the

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Complete all parts
Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B26 enter the formula " =B5".. Check your worksheet by changing the budgeted unit sales in Quarter 2 of Year 2 in cell C5 to 75,000 units. The required production for the year should be 274,000 units. The cost of raw materials to be purchased for the year should be $1,106,800, whereas the total cash disbursements for the year should be $1,095,980. If you do not get this answer, find the crrors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, citcti "Save You will use this worksheet to answer the questions in Part 2. Chapter 8: Applying Excel: Exercise (Part 2 of 2) (Algo) Requirement 2: The company has just hired a new marketing manoger who inslsts that unit sales can be dramatically increased by dropping the seliling price from $8 to $7. The marketing manager would like to use the following projections in the budget: a. What are the total expected cash collectlons for the year under this revlsed budget? b. What is the total required production for the year under this revised budget? What is the total cost of raw materlals to be purchased for the year under this revised budget? c. What is the total cost of raw materials to be purchased for the year under this revised budget? d. What are the total expected cash disbursements for raw materials for the year under this revised budget? e. After seeing this revised budget, the production manager cautioned that due to the current production constraint, a complex machine, the plant can produce no more than 90,000 units in any one quarter, Is this a potential problem? No Yes

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