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1 Function: SUM; Formula: Subtract, Multiply; Cell Referencing 3 Using Excel to Prepare a Production Budget PROBLEM Paige Company estimates that following unit sales and
1 Function: SUM; Formula: Subtract, Multiply; Cell Referencing 3 Using Excel to Prepare a Production Budget PROBLEM Paige Company estimates that following unit sales and desired inventory level for the four quarters of the year ending December 31, 2022. Quarter 1 sales Quarter 2 sales Quarter 3 sales Quarter 4 sales Desired ending finished goods inventory based on next quarter's expected unit sales Unit selling price 10,000 14,000 15,000 18,000 \25 \\( \\$ \\quad 70.00 \\) Prepare a production budget by quarters for the first 6 months of 2022 . Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area or this work area as indicated. Use the SUM function with cell referencing for totals
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