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Exercise 7 - 3 ( Algo ) Manufacturing: Production budget LO P 1 Ruiz Company provides the following budgeted sales for the next four months.
Exercise Algo Manufacturing: Production budget LO P
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 of next month's budgeted unit sales. Finished goods inventory on April is units. Prepare a
production budget for the months of April, May, and June.
Exercise Algo Manufacturing: Direct materials budget LO P
Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of units in the second
quarter and units in the third quarter. Each unit requires pound of direct material, priced at $ per pound. Starting with
the second quarter, the company plans to end each quarter with an ending inventory of materials equal to of next quarter's
budgeted direct materials required. Raw material inventory is pounds at the beginning of the second quarter.
Prepare a direct materials budget for the second quarter.
Note: Enter "per unit" answers in two decimal places.
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