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Ruiz Co. provides the following sales forecast for the next four months. April 690 Sales (units) May 770 June 720 July 810 The company wants
Ruiz Co. provides the following sales forecast for the next four months. April 690 Sales (units) May 770 June 720 July 810 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 276 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) 770 Ratio of inventory to future sales 40% May June 720 810 Required units of available production Units to be produced
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