$!$

Required information

The Chapter $8$ Form worksheet is to be used to create your own worksheet version of the Review Problem in the

text.

Download the Applying Excel form and enter formulas in all cells that contain question marks.

For example, in cell B$26$ enter the formula $"=$ B$5".$

Required:

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 $2.$