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3 Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending finished goods
3 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 198 units. Prepare a production budget for the months of April, May, and June. 2 points Budgeted sales units April 660 May 740 June 690 July 780 eBook RUIZ COMPANY Production Budget April May June Hint Budgeted sales units Next period budgeted sales units 740 690 780 Print Ratio of inventory to future sales 30% 30% 30% Desired ending inventory units 222 207 234 References Total required units Less: Beginning inventory units Units to produce
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