! Required information The Chapter 8 Form worksheet is to be used to create...

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Accounting

!
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 B26 enter the formula "= B5".
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.
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