Need help completeing the worksheet with cell formulas and with questions. Please show calculations.

Chapter 8: Applying Excel 1 5 Budgeted unit sales Selling price per unit 50 8 Accounts receivable, beginning balance $65,000 Sales collected in the quarter after sales are made 25% 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 Desired ending inventory of raw materials is 10% of the next quarter's production needs 23 000 pounds 15 Raw materials inventory, beginning Raw $0.80 per pound material costs 17 Raw materials purchases are paid 60% in the quarter the purchases are made and 40% in the quarter following purchase 19 Accounts payable for raw matenals beginning balance $81.500 21 Enter a fonmula into each of the cells marked with a belo Review Problem: Budget Schedules the sales budget 26 Budgeted unit sales 27 Selling price per unit Total sales 30 Construct the schedule of expected cash collections Year 2 Quarfer 31. Beginning balance accounts receivable 32 33 st-quarter sales 34 Second-quarter sales 35 Third-quarter sales 36 Fourth-quarter sales 37 Total cash collections 38 39 Construct the production budget 41 Budgeted unit sales 42 Add desired ending finished goods imven Total needs 44 Less beginning finished goods invento 45 Required production in un 47 Construct the raw materials purchases budget 49 Required production (units) Raw materials required to prod unit (pounds 51 Production needs (pounds) 52 Add desired ending inventory of raw materials (pounds) Total needs (pounds 53 Less beginning inventory of raw materials pounds) 54 55 Raw materials to be purchased (pounds 56 Cost of raw materials per pound 57 Cost of raw materials to be purchased 59 Construct the schedule of expected cash payments 61 Beginning balance accounts payable 62 First-quarter purchases 63 Second-quarter purchases 64 Third-quarter purchases 65 Fourth-quarter purchases 66 Total cash disbursements 6T 2