please help me with this and explain the exact formulas needed

Home Insert View Sha LOCA Draw Page Layout Formulas Data Review % Conditional Formatting Format as Table Font Alignment Number Cell Styles fx. C Cells Editing Ideas A3 x A B 1 The Master Budget 2 Production Budget 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: 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 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 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. 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. a. Enter all amounts as positive values. Do NOT use parentheses or a minus sign for amounts to be subtracted. 26 Saving & Submitting Solution 27 1 Save file to desktop. 28 a. Create folder on desktop, and label COMPLETED EXCEL PROJECTS 29 2 Upload and submit your file to be graded. 30 a. Navigate back to the activity window - screen where you downloaded the initial spreadsheet 31 b . Click Choose button under step 3; locate the file you just saved and click Open 32 C. Click Upload button under step 3 33 d. Click Submit button under step 4 35 Viewing Results 261 click on Resulte tahin Muarantinelah INSTRUCTIONS ENTERANSWERS Ready