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Ruiz Co. provides the following sales forecast for the next four months. April 680 May 760 Sales (units) June 710 July 800 The company wants
Ruiz Co. provides the following sales forecast for the next four months. April 680 May 760 Sales (units) June 710 July 800 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 272 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) 760 Ratio of inventory to future sales 40% May June 800 710 Required units of available production Units to be produced
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