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help please!! Requirement 2: The company has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the
help please!!
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: OM Data Budgeted unit sales Selling price per unit Year 2 Quarter 2 65,000 120,000 Year Quarter 1 90,000 100.000 45,000 37 75,000 B D E F A Chapter 3: Applying Excel G ces 1 2 3 Data 4 1 3 4 75,000 Year 3 Quarter 1 90,000 2 65,000 5 Budgold unit sales 2 100,000 45,000 125.000 $ $ ? Selling price per unit 8 Accounts recolvable beginning balance 9 - Sales collected in the quarter sales are made 10 - Sales collected in the quarter after sales are made 11 Desiredonding finished goods inventory 12 Finished goods inventory beginning 13 Raw materials required to produce one unit 14 Desired ending inventory of raw materials is 15 - Raw materials inventory beginning 7 per unit 65.000 75% 28% 30% of the budgeted unt sales of the next Quitor 12.000 uri 5 pounds 10% of the next quarter production needs 22,000 pounds Required information b. What is the total required production for the year under this revised budget? Total required production for the year c. What is the total cost of raw materials to be purchased for the year under this revised budget? Total cost of raw materials to be purchased for the year d. What are the total expected cash disbursements for raw materials for the year under this revised budget? Total expected cash disbursements for raw materials for the year 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: OM Data Budgeted unit sales Selling price per unit Year 2 Quarter 2 65,000 120,000 Year Quarter 1 90,000 100.000 45,000 37 75,000 B D E F A Chapter 3: Applying Excel G ces 1 2 3 Data 4 1 3 4 75,000 Year 3 Quarter 1 90,000 2 65,000 5 Budgold unit sales 2 100,000 45,000 125.000 $ $ ? Selling price per unit 8 Accounts recolvable beginning balance 9 - Sales collected in the quarter sales are made 10 - Sales collected in the quarter after sales are made 11 Desiredonding finished goods inventory 12 Finished goods inventory beginning 13 Raw materials required to produce one unit 14 Desired ending inventory of raw materials is 15 - Raw materials inventory beginning 7 per unit 65.000 75% 28% 30% of the budgeted unt sales of the next Quitor 12.000 uri 5 pounds 10% of the next quarter production needs 22,000 pounds Required information b. What is the total required production for the year under this revised budget? Total required production for the year c. What is the total cost of raw materials to be purchased for the year under this revised budget? Total cost of raw materials to be purchased for the year d. What are the total expected cash disbursements for raw materials for the year under this revised budget? Total expected cash disbursements for raw materials for the year Step by Step Solution
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