The company just hired a new marketing manager who insists 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 budgel: \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline & A & & B & C & D & E & E & G \\ \hline 1 & Chapter 8: Applying Excel & & & - & & & & \\ \hline \multicolumn{9}{|l|}{2} \\ \hline 3 & Data & & & & & & \multicolumn{2}{|l|}{ Year 3 Quarter } \\ \hline 4 & & & 1 & 2 & 3 & 4 & 1 & 2 \\ \hline 5 & Budgeted unit sales: & & 50,000 & 70,000 & 115,000 & 65,000 & 90,000 & 90,000 \\ \hline \multicolumn{9}{|l|}{6} \\ \hline 7 & - Selling price per unit. & $ & 7 & per unit & & & & \\ \hline 8 & - Accounts receivable, beginning balance & $ & 65,000 & & & & & \\ \hline 9 & - Sales collected in the quarter sales are made & & 75% & = & & & 4 & \\ \hline 10 & - Sales collectod in the quarter afler sales are mado & & 25% & & & & & \\ \hline 11 & - Desired ending finished goods inventory is & & 30% & \multicolumn{5}{|c|}{ of the budgeted unit sales of the noxt quarter } \\ \hline 12 & - Finished goods inventory, beginning & & 12,000 & units & & & & \\ \hline 13 & - Raw materials required to produce one unit & & 5 & pounds & & & & \\ \hline 14 & - Desired ending imventory of raw materials is & & 10% & \multicolumn{5}{|c|}{ of the next quarter's production needs } \\ \hline 15 & - Raw malerials inventory, beginning & & 23,000 & pounds & & & & \\ \hline 16 & - Raw material costs & $ & 0.80 & per pound & & & & \\ \hline 17 & - Raw matenals purchases are paid & & 60% & \multicolumn{5}{|c|}{6 in the quarter the purchases are made } \\ \hline 18 & and & & 40% & \multicolumn{5}{|c|}{6 in the quarter following purchase } \\ \hline 19 & - Accounts payable for raw materials, beginning balance & $ & 81,500 & & & & & \\ \hline \end{tabular} o. 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? d. What are the total expected cash disbursements for raw materials for the year under this revised budget