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exto.mheducation.com/ext/map/indexhtml?con contexternal brochureht.253A%252F%252Fwconnect.mheducation.com YouTube ME DA MISU ty/ ter 8 Practice Assignment saved Hels Required information A B C D E F G 1 Chapter 8: Applying Excel 2 Data 3 4 1 2 3 105,000 Year 3 Quarter 4 1 75,000 85.000 45,000 65,000 05.000 $ 5 Budgeted unt sales 6 2 Selling price per unit Asuunts receivable, beginning balance 0 Sales collected in the quarter sales are made 10 Sains collected in the quarter after sales are made 11 Desired ending finished goods inventory is 12 Finished goods inventory beginning 13 Raw materials required to produce one unit Desired ending inventory of raw materials is 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 per unit 05,000 75% 25 30% of the budgeted unt sales of the next quarter 12,000 units 5 pounds 10% of the next quarter's production needs 23,000 pounds 0.80 per pound 60% in the quarter the purchases are made 40% in the quarter following purchase 81,500 $ $ Prey 1 of 21 Next > BBU earch ort > Chapter 8 Practice Assignment 1 Required information a. What are the total expected cash collections for the year under this revised budget? 5 Expected cash collections for the year eBook References b. What is the total required production for the year under this revised budget? Total regined 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 uw materials to be purchased for the war Required information 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