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 20% of next month's budgeted unit sales. Finished goods Inventory on April 1 is 128 units. Prepare a production budget for the months of April, May, and June M Pay hun talk fkfw 640 Graw Hill July Answer is not complete. RUIZ COMPANY Production Budget 00 April May June Budged sales unt Add Deed ending inventory 00 640 720O 670 Next period budgeted as units 720 670 700 Ratio of inventory to future sales 20% 20% 20% Desred ending inventory uns 140 1:34 O 152 Total required un 704 8540 022 Lass Begning inventory units 128 208 O Units to produce 6