Hey, I was wondering If I can get the fourth part solved, I have submitted three different questions relating to the same assignment if I can get them solved. 
Requirements: 1. Enter a formula into each of the cells marked with a ? in worksheet 1. 2. Enter a formula into each of the cells marked with a ? in worksheet 2 and answer the following questions: 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: Year 2 Quarter 2 70,000 120,000 Year 3 Quarter 1 2 90.000 100.000 80,000 Budgeted unit sales Selling price per unit 50,000 $7 a. What are the total expected cash collections for the year under this revised budget? 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 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 limited availability of a complex milling machine, the plant can produce no more than 90,000 units in any one quarter. Is this a potential problem? If so, what can be done about it? Construct the sales budget 4 Budgeted unit sales Selling price per unit Total sales ? ? ? Year 2 Quarter 2 3 ? ? ? ? ? ? ? ? ? Year 3 Quarter 1 2 ? ? ? ? ? ? Construct the schedule of expected cash collections Year 2 Quarter 2 3 4 Year ? ? Beginning balance accounts receivable First quarter sales Second-quarter sales Third-quarter sales Fourth-quarter sales Total cash collections ? ? Construct the production budget Year 3 Quarter Year 2 Quarter 2 Year 2 ? Budgeted unit sales Add desired ending finished goods inventory Total needs Less beginning finished goods inventory Required production in units ? ? Construct the raw materials purchases budget Year 2 Quarter 2 3 Year 3 Quarter Year - 4 Required production (units) Raw materials required to produce one unit (pounds) Production needs (pounds) Add desired ending inventory of raw materials (pounds) Total needs (pounds) Less beginning inventory of raw materials (pounds) Raw materials to be purchased (pounds) Cost of raw materials per pound Cost of raw materials to be purchased ? ? ? ? ? ? ? ? Construct the schedule of expected cash pavments Year 2 Quarter Requirements: 1. Enter a formula into each of the cells marked with a ? in worksheet 1. 2. Enter a formula into each of the cells marked with a ? in worksheet 2 and answer the following questions: 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: Year 2 Quarter 2 70,000 120,000 Year 3 Quarter 1 2 90.000 100.000 80,000 Budgeted unit sales Selling price per unit 50,000 $7 a. What are the total expected cash collections for the year under this revised budget? 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 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 limited availability of a complex milling machine, the plant can produce no more than 90,000 units in any one quarter. Is this a potential problem? If so, what can be done about it? Construct the sales budget 4 Budgeted unit sales Selling price per unit Total sales ? ? ? Year 2 Quarter 2 3 ? ? ? ? ? ? ? ? ? Year 3 Quarter 1 2 ? ? ? ? ? ? Construct the schedule of expected cash collections Year 2 Quarter 2 3 4 Year ? ? Beginning balance accounts receivable First quarter sales Second-quarter sales Third-quarter sales Fourth-quarter sales Total cash collections ? ? Construct the production budget Year 3 Quarter Year 2 Quarter 2 Year 2 ? Budgeted unit sales Add desired ending finished goods inventory Total needs Less beginning finished goods inventory Required production in units ? ? Construct the raw materials purchases budget Year 2 Quarter 2 3 Year 3 Quarter Year - 4 Required production (units) Raw materials required to produce one unit (pounds) Production needs (pounds) Add desired ending inventory of raw materials (pounds) Total needs (pounds) Less beginning inventory of raw materials (pounds) Raw materials to be purchased (pounds) Cost of raw materials per pound Cost of raw materials to be purchased ? ? ? ? ? ? ? ? Construct the schedule of expected cash pavments Year 2 Quarter
