Show both the formula and the answer, PLEASE! THANK YOU!

Show both the formula and the answer, PLEASE! THANK YOU!

The Master Budget 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: 1st quarter 2nd quarter 3rd quarter 4th quarter Total sales revenue $180,000 $216,000 $252,000 $192,000 Number of jars sold 150,000 180,000 210,000 160,000 Ringer anticipates selling the following in the first quarter of the year following the year given in the preceding table: Sales in units (jars) 220,000 Sales revenue $264,000 Ringer has a policy that the ending inventory of jars must be: 25% of the following quarter's sales Use the blue shaded areas for inputs. 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 Requirement Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total. (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. 5 points