Please solve using excel, include formulas used for example B4 *B6, please. The formulas are crucial, Thank you!

Data Year 2 Quarter 2 3 60.000 100.000 Year 3 Quarter 2 70,000 80,000 Budgeted unit sales 40,000 50.000 . Selling price per unit - Accounts receivable, beginning balance Sales collected in the quarter sales are made Sales collected in the quarter after sales are made Desired ending finished goods invertory is . Finished goods inventory, beginning Raw materials required to produce one unit Desired ending inventory of raw materials is Raw materials inventory beginning Raw material costs Raw materials purchases are paid and Accounts payable for raw materials, beginning balance $8 per unit $85,000 75% 25% 30% of the budgeted unit 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 Enter a formula into each of the cells marked with a ? below Review Problern: Budget Schedules Construct the sales budget 3 4 Budgeted unit sales Selling price per unit Total sales ? ? ? Year 2 Quarter 2 ? 2 ? ? 2 ? ? ? ? Year 3 Quarter 1 2 ? ? ? ? ? ? Construct the schedule of expected cash collections Year 2 Quarter 2 3 4 Year ? ? ? ? Accounts receivable, beginning balance First quarter sales Second quarter sales Third-quarter sales Fourth-quarter sales Total cash collections ? ? ? ? ? ? ? ? ? ? ? ? Construct the production budget 1 4 Year Budgeted unit sales Add desired finished goods inventory Total needs Less beginning inventory Required production ? ? ? ? ? ? Year 2 Quarter 2 3 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Year 3 Quarter 2 ? ? ? ? ? ? ? ? Construct the raw materials purchases budget Year 3 Qualer 1 3 4 Year ? ? ? ? ? ? ? Required production (units) Raw materials required to produce one unit Production needs (pounds) Add desired ending inventory of raw materials (pounds) Total needs (pounds) Less beginning inventory of raw materials (pounds) Raw materials to be purchased Cost of raw materials per pound Cost of raw materials to be purchased Year 2 Quarter 2 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Construct the schedule of expected cash payments Year 2 Quarter 2 1 3 4 Year ? ? ? ? Accounts payable, beginning balance First quarter purchases Second quarter purchases Third-quarter purchases Fourth quarter purchases Total cash disbursements