Practice Problems (Solutions at 1 * 3) Question 1 . Homework Budget x Search Results | Course Hero + mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https625389625296252Films.mheducation.com%252Fmghmiddleware%6252fmh c Budgeting. Pro-forma Financial Statements Assl.. ) Saved 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 30% of next month's budgeted unit sales. Finished goods Inventory on April 1 is 168 units. Prepare a production budget for the months of April. May. and June. April May June July Budgeted sales units 560 640 590 RUIZ CO Production Budget April May June Budgeted sales units 560 640 590 Add Desired ending inventory Next poriod budgeted sales units 640 590 680 Ratio of inventory to future sales 30% 30% 30% Desired ending inventory units Total required units Less. Beginning inventory units Units to produce