Section Brak 17 Award: 10.00 Chapter 8Applying becet Bercise Part 2 of 2 Requirement 2 The company has just hired a new marketing manager who insiste nt sales can be dramatically increased by dropping the wing price from markenng manager would like to use the following projections in the buget 7. The Budgeted units Selling pepe 50.000 .000 15.000 1 Chap : Applying Excel - Accounts receivable beginning balance lected in the quarters are made 30% of the budgeted unit sales of the next quarter 11 Desired ending finished goods inventory is 2 - Finished goods inventory beginning 13 - Raw materials required to produce one unit 14 - Desired ending inventory of raw materials 15 - Raw materials inventory beginning 16 . Raw material costs 17 Raw materials purchases are paid 10% of the next quarter's production needs 0,80 per pound in the quarter the purchases are made 4096 in the quarter following purchase 19 - Accounts payable for raw materials, beginning balance a. What are the total expected cash collections for the year under this revised budget? Expected cash collections for the year $ 2,007,500 b. What is the total required production for the year under this revised budget? Total required prediction for the year 308,500 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 $ 1,250,800 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 $ 1.210,940 e. After seeing this revised budget, the production manager cautioned that due to the current production constrain produce no more than 90,000 units in any one quarter. Is this a potential problem? Yes No Section Brak 17 Award: 10.00 Chapter 8Applying becet Bercise Part 2 of 2 Requirement 2 The company has just hired a new marketing manager who insiste nt sales can be dramatically increased by dropping the wing price from markenng manager would like to use the following projections in the buget 7. The Budgeted units Selling pepe 50.000 .000 15.000 1 Chap : Applying Excel - Accounts receivable beginning balance lected in the quarters are made 30% of the budgeted unit sales of the next quarter 11 Desired ending finished goods inventory is 2 - Finished goods inventory beginning 13 - Raw materials required to produce one unit 14 - Desired ending inventory of raw materials 15 - Raw materials inventory beginning 16 . Raw material costs 17 Raw materials purchases are paid 10% of the next quarter's production needs 0,80 per pound in the quarter the purchases are made 4096 in the quarter following purchase 19 - Accounts payable for raw materials, beginning balance a. What are the total expected cash collections for the year under this revised budget? Expected cash collections for the year $ 2,007,500 b. What is the total required production for the year under this revised budget? Total required prediction for the year 308,500 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 $ 1,250,800 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 $ 1.210,940 e. After seeing this revised budget, the production manager cautioned that due to the current production constrain produce no more than 90,000 units in any one quarter. Is this a potential problem? Yes No
