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Exercise 2 0 - 3 ( Algo ) Manufacturing: Production budget LO P 1 Rulz Company provides the following budgeted sales for the next four

Exercise 20-3(Algo) Manufacturing: Production budget LO P1
Rulz 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 207 units, Prepare a production budget for the months of Aprll, May, and June.
\table[[,April,May,June,July],[Budgeted sales units,690,770,720,810]]
\table[[RUIZ COMPANY],[Production Budgot],[,April,May,June],[Budgeted sales units,690,770,720],[Add: Desired ending inventory],[Next period budgeted sales units,770,720,810],[- Ratio of inventory to future sales,30%,30%,30%
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