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4. Exercise 20-3 (Algo) Manufacturing: Production budget LO P1 Ruiz Company provides the following budgeted sales for the next four months. The company wants

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4. Exercise 20-3 (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 183 units. Prepare a production budget for the months of April, May, and June. April Budgeted sales units 610 May 690 June 640 July 730 Answer is not complete. RUIZ COMPANY Production Budget April May June 610 6 690 640 Budgeted sales units Add Desired ending inventory Next period budgeted sales units Ratio of inventory to future sales Desired ending inventory units Total required units Units to produce 690 640 730 30% 30% 30%

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