Question: plz send what to put in the excel. thanks! Chapter 8: Applying Excel Data Budgoted unit sakos begin{tabular}{l|l|l|l|l} Year 2 Ouarter 1 & 2



Chapter 8: Applying Excel Data Budgoted unit sakos \begin{tabular}{l|l|l|l|l} Year 2 Ouarter \\ 1 & 2 & 3 \\ 40,000 & 60,000 & 100,000 & 4 & Year 3 Quartor \\ 1 & 2 \\ \hline \end{tabular} - Seling price per unit $8 per und - Accounts recorvable, boginning balance - Soles collecled in the quarter sabes are made- $65,000 - Sakes colected in the quarter after sales are made 75% - Desired ending finished goods imventory is 30% of the budpetod unit salos of the next quarter - Finished goods inwentary, beginning 12,000 units - Raw malerials required to produce one unit 5 pounds - Desired ending inventory of raw materiads is - Raw materials imentary, beginning - Raw material costs - Raw materiaks purchasos are paid and - Accounts payable for raw materials, beginning balance $81,500 Enter a formula into each of tho cells marked with a ? below Review Problem: Budget Schedules Construct the sales budget Buxgeted unit sales Selling price per unit Iotal sakn Construct the schedule of expected cash collections Accounts recelvable, beginning balance First-quarter sales Second-quarter sales Third-quarter sales Fourth-quarter sales Tolal cash collections Construct the production budget Budgeted unit sales Add desired finished goods irventory Totat needs Less boginning inventory Required production Construct the raw materials purchases budget Required production (units) Raw materials required to produce one unit Production needs (pounds) Add desired ending inventory of raw materials (pounds) Total needs (pounds) Less beginning imventory of raw materials (pounds) Raw materials to be purchased \begin{tabular}{cccccc} ? & ? & ? & ? & ? \\ \hline? & ? & ? & ? & ? \\ ? & ? & ? & ? & ? \\ \hline? & ? & ? & ? & ? \end{tabular} Cost of raw materials per pound Cost of raw materials to be purchased \begin{tabular}{cccccc} ? & ? & ? & ? & ? \\ \hline? & ? & ? & ? & ? \\ \hline \end{tabular} Construct the schedule of expected cash payments 1 Accounts payable, beginning balance 2 First-quarter purchases 3 Second-quarter purchases 4 Third-quarter purchases Fourth-quarter purchases Total cash disbursements 1. Check your worksheet by changing the budgeted unit sales in Quarter 2 of Year 2 in cell C5 to 75,000 units. The total expected cash collections for the year should now be $2,085,000. The required production for the year should be 274,000 units. The cost of raw materials to be purchased for the year should be $1,106,800, whereas the total cash disbursements for the year should be $1,095,980. If you do not get this answer, find the errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2
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