Ruiz Co. provides the following sales forecast for the next four months: Sales (units) The compatty wants to end each month with ending finished goods inventory equal to 30% of next month's forecasted sales. Finished goods inventory on April 1 is 189 units. Assume July's budgeted production is 660 units. In addition, each finished unit requires four pounds (lbs.) of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 785 pounds. Assume direct materials cost $3 per pound. Prepare a production budget for the months of April, May, and June. 710 RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) Ratio of inventory to future sales Budgeted ending inventory (units) Budgeted unit sales for month Required units of available production Budgeted beginning inventory (units) ************ * * * **** ** Units to be produced