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Ruiz Co provides the following sales forecast for the next four months. Sales (units) April 620 May 780 Dune 650 July 740 The company wants

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Ruiz Co provides the following sales forecast for the next four months. Sales (units) April 620 May 780 Dune 650 July 740 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 124 units Prepare a production budget for the months of April, May, and June. May June 650 RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 700 Ratio of inventory to future sales 20% Budgeted ending inventory (units) Budgeted unt sales for month Required units of available production Budgeted beginning inventory (units) Units to be produced 740

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