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07 Ex 73 6 Requlred information Use the following information for the Exercises below Rulz Co. provides the following sales forecast for the next four

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07 Ex 73 6 Requlred information Use the following information for the Exercises below Rulz Co. provides the following sales forecast for the next four months: sales (unita) The company wants to end each month with ening finished goods inventory equal to 30% of next month's forecasted sales. Finished goods Inventory on April ls 189 units. Assume July's budgeted production is 660 units,. In addtion, each finished unit requires four pounds (lbs.) of raw materials and the company wants to end each month with raw materials inventory equal to20% of next month's production needs. Beginning raw materials i ent ry for Apri as 523 p unds. Assume direct materials cost $5 per pound Exercise 7-3 Manufacturing: Production budget LO P Prepare a production budget for the months of April, May, and June Production Budget For Apri, May, and June inventory to fuure sales Required unils of available production Prev 1 fl Next MacBook Ai 3 4 5

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