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b. what is the total required production for the year under this revised budget?

c. what is the total cost of raw materials to be purchased under this revised budget?

d. what are the total expected cash dispersements for raw materials for the year under this revised budget?

Return to question 2 The Chapter 8 Form worksheet is to be used to create your own worksheet version of the Review Problem in the text. Requirement 2: The company has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the selling price from $8 to $7. The marketing manager would like to use the following projections in the budget: Part 2 of 2 Year 2 Quarter Year 3 Quarter 15 Data Budgeted unit sales Selling price per unit 45,000 70,000 115,000 70,000 85,000 95, 000 $7 04:11:29 lying Excel 3 Data Year 2 Quarter Year 3 Quarter 5 Budgeted unit sales 45,000 70,000 115,000 0.000 85,000 95.000 S7 per unit 7Selling price per unit 8Accounts receivable, beginning balance 9 Sales collected in the quarter sales are made 10.Sales 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 4Desired ending inventory of raw materials is 15 Raw materials inventory, beginning S65,000 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