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 r 3 Quarter Budgeted unit sales Selling price per unit 50,000 5,000 115,000 75,000 90,000 90,000 7 per unit Excel 3 Data 5 Budceted unit eales 115 75 g price per uni cer unit 8 Accounts recelvable, beginning baiance 9Sales colected In the quarter sales are made 0.Sales colected In the quarter ater sales are made 11Desired ending finished goods i 12 Finlehed goods Inventory,beginning 13.Raw materials required to produce one unit 14Dealred ending Inventory of raw materiala la 5Raw materlals Inventory, 6Raw materlal coats 7Raw materlals purchases are pald 18 and 19.Accounce payable for raw materiale, beginning balance 65,000 7550 25 30% of the budgeted unit sales of the next quarter 12.000 units 5 pounde 10% of the next quarters production needs .000 pounde 0.80 per pound 60% n the quarter the purchases are made 40% in tre quarter following purchase 1.500 a. What are the total expected cash collections for the year under this revised budget? b. What is the total required production for the year under this revised budget? r the units c. What is the total cost of raw materials to be purchased for the year under this revised budge:? d. What are the total expected cash disbursements for raw materials for the year under this revised budget