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Ruiz Co. provides the following sales forecast for the next four months. AprilMayJuneJulySales (units)560640590680 The company wants to end each month with ending finished goods
Ruiz Co. provides the following sales forecast for the next four months.
AprilMayJuneJulySales (units)560640590680
The company 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 168 units.
Prepare a production budget for the months of April, May, and June.
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