Make a Production Budget Chart

The Master Budget G Production Budget Ringer Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Total sales revenue Number of jars sold 1st quarter $180,000 150,000 co 2nd quarter $216,000 180,000 9 3rd quarter $252,000 210,000 10 4th quarter $192,000 160,000 11 12 Ringer anticipates selling the following in the first quarter of the year following the year given in the preceding table: 13 Sales in units (jars) 220,000 14 Sales revenue $264,000 15 16 Ringer has a policy that the ending inventory of jars must be: + 17 25% of the following quarter's sales 18 19 Use the blue shaded areas for inputs. 20 Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wro references from prior calculations, if applicable. 21 22 23 Requirement Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in tota 24 (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong. Use cell references from prior calculations, if applicable. ) 25