Fill out all schedules with formulas

Required information The Chapter 8 Form worksheet is to be used to create your own worksheet version of the Review Problem in the text. Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell 826 enter the formula =85 : Required: 1. Check your worksheet by changing the budgeted unit sales in Quarter 2 of Year 2 in cell C5 to 75,000 units. The total expected cash collections for the year should now be $2,085,000. 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 errors in your worksheet and correct them. Sove your completed Applying Excel form to your computer ond then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to onswer the questions in Part 2. Chapter 8: Applying Fxcel Data thubreted unit aiks - Seting price per una - Acceurits fucensble, beginting balance - Pates eollected n ene guarter sabes ave mast - Sales cotected in the suanter ater fales are made - Deaired ending finisied goods ivereary a - Finsihed goods imention, begineing - Rarir manenals requined to produce one une - Desired endeng imentory of row makenals a + Pana materals inmotory, begerning - Raw motenar cegts - Row materials putchuses are pad and - Accounts payable for raw matenals, begnnng balance \begin{tabular}{|c|c|c|c|c|c|} \hline B & c & 0 & E & r & G \\ \hline & & & & & \\ \hline \multicolumn{4}{|c|}{ Year 2 Qualev } & \multicolumn{2}{|c|}{ Yeur 3 Gunder } \\ \hline 1. & x2 & 3 & 4 & & 72 \\ \hline 40,060 & 6000 & 100000 & 50,000 & 70,000 & 20,000 \\ \hline & & & & & \\ \hline \multicolumn{6}{|c|}{ 3) per unt } \\ \hline$55,050 & & & & & \\ \hline & & & t & & \\ \hline 25% & & & & & \\ \hline \multicolumn{6}{|c|}{30 of the budgeted unt sales of the next quarter } \\ \hline 12.050 & vnis: & & & & \\ \hline 5 & poundi & & & & \\ \hline \multicolumn{6}{|c|}{10% dind next quater's production neds } \\ \hline \multicolumn{6}{|c|}{23.050 pounds } \\ \hline \multicolumn{6}{|c|}{\begin{tabular}{l} 23.050 poundas \\ 50:50 per pound \end{tabular}} \\ \hline \multirow{2}{*}{\multicolumn{6}{|c|}{\begin{tabular}{l} 60% in the quarter toe puchases as made \\ t0\% in the quater followng purchine \end{tabular}}} \\ \hline 40% & & & & & \\ \hline 531,500 & & & & & \\ \hline \end{tabular} Roview Problem: Hedget Schedules Construct the sales budpor Conetruct the sales budoof Hudgeted unt sales Sebing price per unt rotil sules Construct the schedule of expected canh collections Accounts tecevable, beginning balance Fist quarter sules Second-quater sales Thind quirter sales Fouch-quater salet Iotat cach collections Construct the producteos boobev Budgeted unt saled Add onghil frished goods imintory Teral neds Zess bygning unoneory Requind production Plogined prodaction Construct the now mutwriak purchasen Bindget Requed production (uniti) 1 Prodiction netods (pounds) 34. Leas beginnes inentogy of caw matenals (pounds) fow materials to be parchased 3. Cost of tare materals per pound Consinuct the schedule of expected cant puymivots Necouti payade, begermeg baluse. E fint quirter porchased Second quifer furcuses Thus quatet parchases Foustrouiter punchises fota can dituriements n 46 an 30 s. Cout of rim mosenals to be punchases 50sa in 62 6 67