Mama Italiano Sauce is in the process of preparing a production cost budget for May. The actual costs in April were:
| Mama Italian Sauce | |
| Production Cost Budget | |
| April 2008 | |
| Production – Jars of sauce | 20,000 |
| Ingredient cost (variable) | $16,000 |
| Labor cost (variable) | 9,000 |
| Rent (fixed) | 4,000 |
| Depreciation (fixed) | 6,000 |
| Other (fixed) | 1,000 |
| Total | $36,000 |
Using this information, prepare a budget for May stating the total amount for the May budget. Assume the budget will increase to 24,500 jars of sauce reflecting anticipated sales increase related to a new marketing campaign
