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Ruiz Co provides the following sales forecast for the next four months. Sales (units) April 620 May 700 June 650 July 740 The company wants
Ruiz Co provides the following sales forecast for the next four months. Sales (units) April 620 May 700 June 650 July 740 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 124 units Prepare a production budget for the months of April, May, and June RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 700 Ratio of inventory to future sales 20% May 850 June 740 Required units of available production Units to be produced The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales Finished goods inventory on April 1 is 124 units. Prepare a production budget for the months of April, May, and June RUIZ CO Production Budget For April, May, and June April Next month's budgeted sales (units) 700 Ratio of inventory to future sales 20% June May 650 740 Required units of available production Units to be produced The company wants to end each month with ending goods inventory on April 1 is 124 units. Prepare a production budget for the months of April RUIZ CO. Production Budget For April, May, and Jung April Next month's budgeted sales (units) Ratio of inventory to future sales 20 Budgeted beginning inventory (units) Budgeted ending inventory (units) Budgeted unit sales for month
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