Seved 2 requirement : 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: 2012 Year 3 Quarter Data Budgeted unit sales Selling price per unit Year 2 Quarter 2 70,000 110.000 50,000 57 65,000 90,000 100,000 TS B Chapter 3: Applying Excel D E G 1 2. ok 3 Data Year 3 Quarter 4 2 1 1 50,000 3 110,000 Print 70,000 65,000 2 100.000 90,000 References $ $ 7 per unit 65,000 75% 25% 5 Budgeted unit sales + 6 7 - Seling price per unit 8 - Accounts receivable beginning balance 9 Sales collected in the quarter sales are made 10 Sales collected in the quarter after sales are made 11 Desved ending finished goods inventory is 12 Finished goods inventory beginning 13 Raw materials required to produce unit 14 Desired ending inventory of raw materials 1.5 Raw materials inventory beginning 16 Rowenal costs 17 .Raw material purchases are pad 18 and 19 Accounts payable for tow materials beginning balance 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 0.00 per pound 0096 in the quarter the purchases are made 40% in the Garter follow purchase 81,500 5 S 2 Required information a. What are the total expected cash collections for the year under this revised budget? Part 2 of 2 Expected cash collections for the year 28 points BOOK b. What is the total required production for the year under this revised budget? Total required production for the year Print References 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