Question
Ruiz Co. provides the following sales forecast for the next four months. April May June July Sales (units) 680 760 710 800 The company wants
Ruiz Co. provides the following sales forecast for the next four months.
| April | May | June | July | |||||
| Sales (units) | 680 | 760 | 710 | 800 | ||||
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 204 units. Prepare a production budget for the months of April, May, and June
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Financial And Managerial Accounting For MBAs
Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally
5th Edition
