Question
Ruiz Co. provides the following sales forecast for the next four months. April May June July Sales (units) 630 710 660 750 The company wants
Ruiz Co. provides the following sales forecast for the next four months.
| April | May | June | July | |||||
| Sales (units) | 630 | 710 | 660 | 750 | ||||
The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 126 units. Prepare a production budget for the months of April, May, and June.
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The Changing Face Of American BankingDeregulation, Reregulation, And The Global Financial System
Authors: Ranajoy Ray Chaudhuri
3rd Edition
1137365811, 9781137365811
