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 months budgeted unit sales. Finished goods inventory on April 1 is 122 units. Prepare a production budget for the months of April, May, and June.

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