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Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 660 May 740 June 690 July 780 The company
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 660 May 740 June 690 July 780 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 264 units. Prepare a production budget for the months of April, May, and June. Next month's budgeted sales (units) Ratio of inventory to future sales RUIZ CO. Production Budget For April, May, and June Required units of available production Units to be produced April May June 740 690 780 40%
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