Exercise 7-3 (Algo) Manufacturing: Production budget LO P1 Host Company provides the following budgeted sales for the next fout. The company wants to end each oth with ending finished goods inventory equal to 20% of next mon budgeted unit les Fred Goods nively on April 20. Prepare production budget for the month of April May and lune wted as it SUOMANY Net 730 2014 201 20 try to re Total U to produce Exercise 7-3 (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 120 units. Prepare a production budget for the months of April May, and June Budgeted sales units Ara 600 Hy 680 June 6.30 720 RUIZ COMPANY Production Budget April May J 600 630 720 Next period budgeted sales units Ratio of inventory to future sales 204 20% 205 Total required units Units to produce