I need to understand how to fill in the cells with question marks

Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B26 enter the formula "= 85". 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 errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2. X Chapter_8_Applying_Excel_Student_Form.xIs Download Share File Edit Insert Format Help Arial 10 - BIUSA. fx Chapter 8: Applying Excel B C D E F G UT 62 First-quarter purchases 63 Second-quarter purchases 2 Chapter 8 FormA B C D E F G H 1 Chapter 8: Applying Excel 3 Data Year 2 Quarter Year 3 Quarter 2 3 4 2 Budgeted unit sales 40,000 60,000 100,000 50,000 70,000 80,000 . Selling price per unit $8 per unit 8 . Accounts receivable, beginning balance $65,000 9 . Sales collected in the quarter sales are made 75% 10 - Sales collected in the quarter after sales are made 25% 11 - Desired ending finished goods inventory is 30% of the budgeted unit sales of the next quarter 12 . Finished goods inventory, beginning 12,000 units 13 - Raw materials required to produce one unit 5 pounds 14 . Desired ending inventory of raw materials is 10% of the next quarter's production needs 15 - Raw materials inventory, beginning 23,000 pounds 16 - Raw material costs $0.80 per pound 17 . Raw materials purchases are paid 60% in the quarter the purchases are made 18 and 10% in the quarter following purchase 19 . Accounts payable for raw materials, beginning balance $81,500 20 21 Enter a formula into each of the cells marked with a ? below 22 Review Problem: Budget Schedules 23 24 Construct the sales budget Year 2 Quarter Year 3 Quarter 25 1 2 3 4 2 6 Budgeted unit sales 27 Selling price per unit 28 Total sales 7 29 30 Construct the schedule of expected cash collections Year 2 Quarter 31 1 2 3 4 Year Accounts receivable, beginning balance 33 First-quarter sales 34 Second-quarter sales 35 Third-quarter sales 36 Fourth-quarter sales 37 Total cash collections ? ? ? 38 39 Construct the production budget Year 2 Quarter Year 3 Quarter 40 2 3 4 Year 1 2 41 Budgeted unit sales 42 Add desired finished goods inventory 13 Total needs 44 Less beginning inventory 15 Required production ?Fllglalglallllgiglgllglalglwl\"llgl3|$l3l$lal3l$ll3|3l$l$ilglilglwlllglmlhlmlhlmlgl Construct the sales budget Year 2 Quarter Year 3 Quarter 1 2 3 4 1 2 Budgeted unit sales _ 7 7 7 7 7 7 Selling price per unit 7 7 7 7 7 7 Total sales 7 7 7 7 7 7 Construct the schedule of expected cash collections Year 2 Quarter 1 2 3 4 Year Accounts receivable, beginning balance 7 7 Firstquarter sales 7 7 7 Secondquarter sales _ 7 _ 7 7 Thirdquarter sales . . 7 7 _ 7 I Fourthquarter sales 7 7 I Total cash collections 7 7 7 7 7 Construct the production budget Year 2 Quarter Year 3 Quarter 1 2 3 4 Year 1 2 Budgeted unit sales 7 7 7 7 7 7 Add desired nished goods inventory 7 7 7 7 7 7 Total needs 7 7 7 7 _ 7 7 Less beginning inventory 7 7 7 7 7 7 Required production 7 7 7 7 7 7 Construct the rawr materials purchases budget Year 2 Quarter Year 3 Quarter 1 2 3 4 Year 1 Required production {units} 7 7 7 7 7 7 Raw materials required to produce one unit 7 7 7 7 7 7 Production needs [pounds] 7 7 7 7 _ 7 _ 7 Acid desired ending inventory of raw materials {pounds} 7 7 7 7 7 Total needs (pounds) 7 7 7 7 7 Less beginning inventory of raw materials {pounds} 7 7 7 7 7 Raw materials to be purchased 7 7 7 7 7 Cost of raw materials per pound 7 7 7 7 7 Cost of raw materials to be purchased 7 7 7 7 7 Construct the schedule of expected cash payments Year 2 Quarter _ 1 2 3 4 Year Accounts payable, beginning balance 7 7 Firstquarter purchases 7 7 7 Second-quarter purchases 7 7 7 Thirdquarter purchases 7 7 7 Fourth-quarter purchases 7 7 Total cash disbursements 7 7 7 7 7