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The company has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the selling price from $

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:
a. What are the total expected cash collectlons for the year under this revised budget?
Expected cash collections for the year
b. What is the total required production for the year under this revised budget?
Total required production for the year
c. What is the total cost of raw materlals 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 dlsbursements for raw materlals for the year under this revised budget?
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