Question: Function: SUM; Formula: Subtract, Multiply; Cell Referencing Using Excel to Prepare a Production Budget Student Work Area PROBLEM Required: Provide input into cells shaded in

Function: SUM; Formula: Subtract, Multiply; Cell
Function: SUM; Formula: Subtract, Multiply; Cell Referencing Using Excel to Prepare a Production Budget Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas Paige Company estimates that following unit sales and desired with cell references to the Problem area or this work area as indicated. Use the SUM function inventory level for the four quarters of the year ending with cell referencing for totals. December 31, 2022. Quarter 1 sales 10,000 Paige Company Quarter 2 sales 14,000 Production Budget Quarter 3 sales 15,000 For the Six Months Ending June 30, 2022 Quarter 4 sales 18,000 Quarter 1 Quarter 2 Six Months Desired ending finished goods inventory Expected unit sales 10,000 14,000 based on next quarter's expected unit sales 25% Unit selling price $ 70.00 Add: Desired ending finished goods units Prepare a production budget by quarters for the first 6 months Total required units of 2022. Less: Beginning finished goods units Required production units

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