Please help answer these questions

a. What are the total expected cash collections 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 materials to be purchased for the year under this revised budget?

Total cost of raw materials to be purchase 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:

! Required information The Chapter 8 Form worksheet is to be used to create your own worksheet version of the Review Problem in the text. Requirement 2: 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: Data Budgeted unit sales. Selling price per unit 1 Chapter 8: Applying Excel 2 Data 3 4 5 Budgeted unit sales 6 7.Selling price per unit A 1 50,000 $7 Year 2 Quarter 2 3 65,000 115,000 Accounts receivable, beginning balance Sales collected in the quarter sales are made Sales collected in the quarter after sales are made Desired ending finished goods inventory is Finished goods inventory, beginning Raw materials required to produce one unit 8 9 10 11 12 13. Desired ending inventory of raw materials is 14 Raw materials inventory, beginning 15 Raw material costs 16 Raw materials purchases are paid 17 and 18 Accounts payable for raw materials, beginning balance 19 $ $ $ $ B 1 4 65,000 50,000 C 2 7 per unit Year 3 Quarter 1 80,000 65,000 2 100,000 D 3 115,000 5 pounds 10% of the next quarter's production needs 23,000 pounds 0.80 per pound E 60% in the quarter the purchases are made 40% in the quarter following purchase 81,500 4 65,000 75% 25% 30% of the budgeted unit sales of the next quarter 12,000 units 65,000 F Year 3 Quarter 1 80,000 G 2 100,000