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Exercise 22-3 Manufacturing: Production budget P1 Ruiz Co provides the following sales forecast for the next four months: April May June July Sales (units) 500

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Exercise 22-3 Manufacturing: Production budget P1 Ruiz Co provides the following sales forecast for the next four months: April May June July Sales (units) 500 580 540 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. Assume July's budgeted production is 540 units. Prepare a production budget for the months of April, May, and June

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