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Please help!!! Requirement 2 The company has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the

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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 Data Year 2 Quarter Year 3 Quarter Budgeted unit sales45,000 65,000 120,000 75.000 90,000 100,000 Selling price per unit S7 per unit 1 Chapter 7: Applying Excel 3 Data Year 2 Quarter Year 3 Quarter 5 Budgeted unit sales 65.000 100,000 58 per unit 7 Selling price per unit 8 Accounts receivable, beginning balance 9 . Sales collected in the quarter sales are made 0Sales collected in the quarter after sales are made 1Desired ending finished goods inventory 12 Finished goods inventory, beginning 13 Raw materials required to produce one unit 4 Desired ending inventory of raw materials is 15Raw materials inventory, beginning 6 Raw material costs 7 Raw materials purchases are paid 18 and $65,000 75% 25% 30% of the budgeted unit sales or the next quarter 12,000 units 5 pounds 10% of the next quarters producbon needs 23,000 pounds 0.80 per pound 60% in the quarter the purchases are made 40% in the quarter following purchase 19 Accounts payable for raw matenals, beginning balance$81,500 20

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