need help with cell reference

A1 * fx The Master Budget F D E G H 1 The Master Budget 2 Production Budget 3 Hoffman Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the 4 upcoming year are as follows: 5 6 7 B 9 10 11 1st quarter 2nd quarter 3rd quarter 4th quarter Total sales revenue $181,000 $219,000 $255,000 $199,000 Number of jars sold 152,500 181,500 213,000 160,500 13 17 18 Hoffman anticipates selling the following in the first quarter of the year following the year given in the preceding 12 table: Sales in units (jars) 223,000 Sales revenue $260,000 15 16 Hoffman has a policy that the ending inventory of jars must be: 30% of the following quarter's sales 19 Use the blue shaded areas on the ENTERANSWERS tab for Inputs. Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the 20 Instruction tab you will be marked wrong. Use cell references from prior calculations, if applicable. 21 22 Requirement 1 Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the 23 year in total Enter all amounts as positive values. Do NOT use parentheses or a minus sign for amounts to be subtracted 26 Saving & Submitting Solution 1 Save file to desktop Create folder an desktop, and label COMPLETED EXCEL PROJECTS 29 2 Upload and submit your file to be graded Navigate back to the activity window screen where you downloaded the initial spreadsheer 31 Click Choose button under step 3; locate the file you just saved and click Open 32 Click Upload button under stop Click Submit button under step 4 INSTRUCTIONS ENTERANSWERS + Ready a 25 127 28 3. C d 33 G H K D E (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 1 applicable) 2 Hoffman Foods 4 Production Budget 3 For the upcoming Year 6 Quarter 1 Quarter 2 Quarter Quarter 4 Year 7 Unit Sales 252,500 181,500 213,000 160,500 707,500 B Plus: Desired ending inventory 54,450 63,900 48,150 66,900 66,900 9 Total needed 206,950 245,400 261,150 227 400 774,400 10 Less: Beginning Inventory 45,750 54,450 63,900 48,150 45,750 11 Number of units to produce 151,200 190,950 197.250 179,250 728,650 12 13 15 12 33 30 21 22 23 22 30 31