Crane's Salsa is in the process of preparing a production cost budget for May. Actual costs in April were:

Crane's Salsa Production Costs April 2020 Production 20,000Jars of Salsa Ingredient cost (variable) $18,000 Labor cost (variable) 10,000 Rent (fixed) 5,000 Depreciation (fixed) 6,000 Other (fixed) 1,000 Total $40,000

Using this information, prepare a budget for May. Assume that production will increase to 24,000 jars of salsa, reflecting an anticipated sales increase related to a new marketing campaign.

Crane's Salsa Budgeted Production Costs May 2020

Production 24,000 Jars of Salsa

Ingredient cost enter a dollar amount _________________________ Labor cost enter a dollar amount _________________________ Rent enter a dollar amount _________________________ Depreciation enter a dollar amount _________________________ Other enter a dollar amount _________________________ Total enter a total dollar amount _________________________