Please help me with these questions (THERE IS AN EXCEL QUESTION I JUST POSTED TODAY THAT GOES WITH THESE QUESTIONS, SEE PREVIOUS QUESTION ON CHEGG) please explain how you got these answers to help my knowledge for this course. It is due at 11:59pm tonight so if you could get it done beforehand that would be amazing! Thank you! Have an amazing day!!

1) 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	Year 2 Quarter				Year 3 Quarter
	1	2	3	4	1	2
Budgeted unit sales	45,000	70,000	115,000	60,000	80,000	90,000
Selling price per unit	$ 7

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?

d. What are the total expected cash disbursements for raw materials for the year under this revised budget?

e. After seeing this revised budget, the production manager cautioned that due to the current production constraint, a complex milling machine, the plant can produce no more than 80,000 units in any one quarter. Is this a potential problem?

multiple choice

• No

• Yes