The company has just hired a new marketing manager who insists that unit soles 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: 1) Required information 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? c. What is the total cost of raw materials to be purchased for the year under this revised budget? b. What is the total required production for the year under this revised budget? c. What is the total cost of raw materials to be purchased for the year under this revised budget? d. What are the total expected cash disbursements for raw materials for the year under this revised budget