Prepare a budget for may

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Question - Sheridan's Salsa is in the process of preparing a production cost budget for May. Actual costs in April were:

Sheridan's Salsa Production Costs April 2020

Production

20,000
Jars of Salsa

Ingredient cost (variable)

$12,000

Labor cost (variable)

10,000

Rent (fixed)

5,000

Depreciation (fixed)

6,000

Other (fixed)

1,000

Total

$34,000

Required - Using this information, prepare a budget for May. Assume that production will increase to 24,000 jars of salsa, reflecting an anticipated sales increase related to a new marketing campaign.

Reference no: EM133128080

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