1 Points Exercise 7-3 (Algo) Manufacturing: Production budget LO P1 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 201 units. Prepare a production budget for the months of April, May, and June Mc Graw Budgeted sales units April 670 May 750 June July 700 790 RUIZ COMPANY Production Budget April May June 670 750 700 Budgeted sunl Next penod budgeted sales units, 750 700 790 Ratio of inventory to future sales 30% 30% 30% Desired ending inventory units 225 210 237 Total required units Less: Beginning inventory unit Units to produce < Prev 1 of 1 Next