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Hospitable Co. provides the following sales forecast for the next four months: Sales (units) April May June July 500 580 540 620 The company wants

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Hospitable Co. provides the following sales forecast for the next four months: Sales (units) April May June July 500 580 540 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's 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. HOSPITABLE CO. Production Budget May June For April, May, and June April Next month's budgeted sales (units) 580 Ratio of inventory to future sales 25% 540 620 Required units of available production Units to be produced

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