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Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 570 May 650 June 608 Duly 690 The company wants
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 570 May 650 June 608 Duly 690 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 1s 114 units Prepare a production budget for the months of April, May, and June May June 600 69 RUIZ CO. Production Budget For April May, and June April Next month's budgeted sales (units) 650 Ratio of Inventory to future sales 20% Budgeted ending inventory (unit) Budgeted unit Sales for month Required units of available production Budgeted beginning inventory units) Units to be produced
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