1 Exercise 7-3 (Algo) Manufacturing: Production budget LO P1 5 points Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending finished goods inventory equal to 30% of next month's budgeted unit sales. Finished goods inventory on April 1 is 165 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 550 May 630 June July 580 670 eBook Hint Budgeted sales units RUIZ COMPANY Production Budget April May June 550 630 580 Ask Add: Desired ending inventory Next period budgeted sales units 630 580 670 Ratio of inventory to future sales 30% 30% 30% Print Desired ending inventory units Total required units 207 References Lass Beginning inventory units Units to produce Check