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1 t Ch. 20 Saved Ruiz Co provides the following sales forecast for the next four months. April 590 Sales (unita) May 670 June 620

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t Ch. 20 Saved Ruiz Co provides the following sales forecast for the next four months. April 590 Sales (unita) May 670 June 620 July 710 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 236 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 670 Ratio of inventory to future sales 40% May June 620 710 Required units of available production Units to be produced

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