Exercise $20-3($Algo$)$ Manufacturing: Production budget LO P$1$

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 $124$ units. Prepare a production budget for the months of April, May, and June.