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please help, I do not understand how b-d are wrong. Requirement 2: The company has just hired a new marketing manager who insists that unit
please help, I do not understand how b-d are wrong.
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 Year 2 Quarter Year 3 Quarter Data 2 3 Budgeted unit sales 70,000 110,000 70,000 90,000 90,000 Selling price per unit 57 1 45,000 A B D E F G 1 Chapter 8: Applying Excel 2 3 Data 4 4 2 Year 3 Quarter 1 90.000 5 2 70,000 Budgeted unit sales 3 110.000 45,000 70,000 90.000 $ per une S 7 Selling price per unit 8 Accounts receivable, beginning balance 9 Sales collected in the quarter sales are made 10 Sales collected in the quarter after sales are made 11 Desired ending finished gods inventory is 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 16 Raw material costs 17 Raw materials purchases are paid 18 and 19 - Accounts payable for raw materials, beginning balance 7 65,000 75% 25% 30% 12,000 5 10% 23,000 0.80 60% 40% 81,500 of the budgeted unt sales of the next quarter units pounds of the next quarter's production needs pounds per pound in the quarter the purchases are made in the quarter following purchase S $ a. What are the total expected cash collections for the year under this revised budget? Answer is complete and correct. Expected cash collections for the $ 2,007, 500 year b. What is the total required production for the year under this revised budget? Answer is complete but not entirely correct. Total required production for the 308,500 year c. What is the total cost of raw materials to be purchased for the year under this revised budget? Answer is complete but not entirely correct. Total cost of raw materials to be purchased for the $ 1,251,600 year d. What are the total expected cash disbursements for raw materials for the year under this revised budget? Answer is complete but not entirely correct. Total expected cash dimbursements for raw materials for the $ 1.209.260 vear Step by Step Solution
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