Ruiz Co. provides the following sales forecast for the next four months. April 530 May 610 June 560 Sales (units) July 650 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 159 units. Prepare a production budget for the months of April, May, and June. June RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 610 Ratio of inventory to future sales 30% Budgeted beginning inventory (units) 112 Budgeted ending inventory (units) 530 Required units of available production 642 Budgeted beginning inventory (units) Units to be produced May 560 30% 112 650 30%