Please complete the sales budget as the CVP is already done, thank you!!

Sales Budget 4 Ford Seasoning's management has asked its accounting staff to prepare a sales budget for the first quarter of 20XX. According to managements predictions, the selling price per jar of 12-spice will be the same for the entire three months. Because management expects sales to grow rapidly due to a new promotional strategy, they have asked the accounting staff to budget for an increase to sales over the three-month period. The expected rate of sales growth for each month is as follows. For your convenience, the per-jar sales price is also 3 listed. Month Expected Sales Price per Jar during 5 January $ 11.50 per jar of 12-spice 6 Requirement Prepare Ford Seasoning's sales budget for the first quarter of 20xx. Set January's budgeted jars to be sold equal to the required sales volume determined by your CVP analysis. Then, increase the budgeted jars to be sold each 7 month by the percentages given in the table above. Ford Seasoning Sales Budget 10 For the Quarter Ended March 31, 20XX 11 January 12 Budgeted Jars to be Sold 13 Times: Sales Price per Jar 14 Total Monthly Sales Revenue 15 16 8 9 17 9 Expected monthly fixed costs 10 Target monthly operating income for January 20XX 11 Requirement 25,000 50,000 Complete the following chart using CVP analysis techniques to determine how many jars of 12- 12 spice the company must sell in order to meet its target operating income for the month. 13 Fixed Costs $ 25,000 14 Add: Target Operating Income for the Month 50,000 15 Total Required Contribution Margin 75,000 16 Divide by: Unit Contribution Margin 5.00 17 Required Sales Volume to Achieve Target Operating Income 15,000 18 19