Please help answering the last part

Excel Budgets Data Year 2 Quarter Year 3 Quarter Budgeted unit sales 40,000 60,000 100,000 50,000 70,000 80,000 . Selling price per unit 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 Desired ending inventory of raw materials is Raw materials inventory, beginning Raw material costs Raw materials purchases are paid and Accounts payable for raw materials, beginning balance $8 per unit $65,000 75% 25% 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 $0.80 per pound 60% in the quarter the purchases are made 40% in the quarter following purchase $81,500 Enter a formula into each of the cells marked with a ? below Construct the sales budget Year 2 Quarter Year 3 Quarter morbou .00 $0.00 70.000 200.000 Budgeted unit sales Selling price per unit Total sales 40.000 SR $320,000 60.000 $8 $480,000 100.000 $8 $800,000 50,000 $8 $400,000 70,000 SR $560,000 80,000 SB $640,000 Construct the schedule of expected cash collections Year 2 Quarter $ 65,000 240,000 65,000$ $ Accounts receivable, beginning balance First-quarter sales Second-quarter sales Third-quarter sales Fourth quarter sales Total cash collections 80,000 360,000 80,00 $ 120.000 $ 120,000 600,000 Year 65,000 320,000 480,000 800,000 300,000 1,965,000 $ 200,000 300,000 500,000 $ 305,000 $ 440,000 $ 720,000 $ $ Construct the sales budget Year 2 Quarter Year 3 Quarter 2 70,000 80,000 40,000 Budgeted unit sales Selling price per unit Total sales 60,000 $8 $480,000 100,000 $8 $800,000 50,000 $8 $400,000 $8 $320,000 $560,000 $640,000 Construct the schedule of expected cash collections Year 2 Quarter 2 3 4 $ $ 65.000 240,000 $ 80,000 360,000 $ Accounts receivable, beginning balance First-quarter sales Second-quarter sales Third-quarter sales Fourth-quarter sales Total cash collections 120,000 600,000 Year 65.000 320,000 480,000 800,000 300,000 1,965,000 $ 200,000 300,000 500,000 $ 305,000 $ 440,000 $ 720,000 $ $ Construct the production budget Year 2 Quarter Year 3 Quarter 80,000 Budgeted unit sales Add desired finished goods inventory Total needs Less beginning inventory Required production 40.000 18.000 58.000 12.000 46.000 60,000 30,000 90,000 18,000 72,000 100,000 15,000 115,000 30,000 85,000 50,000 21.000 71.000 15.000 56,000 Yeer 250,000 21.000 271,000 12.000 259.000 70,000 24000 94,000 21.000 73.000 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: Change the data above and answer the questions below. Data Year 2 Quarter Year 3 Quarter 70000 105000 70000 90000 95000 Budgeted unit sales Selling price per unit 50000 $7 per unit How much is total cash collections using the new data? What is the total required production for the year under this revised budget? 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: Change the data above and answer the questions below. Data Year 2 Quarter Year 3 Quarter 70000 105000 70000 90000 95000 Budgeted unit sales Selling price per unit 50000 $7 per unit How much is total cash collections using the new data? What is the total required production for the year under this revised budget