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Ruiz Co. provides the following sales forecast for the next four months. April 630 Sales (units) May 710 June 660 July 750 The company wants
Ruiz Co. provides the following sales forecast for the next four months. April 630 Sales (units) May 710 June 660 July 750 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 189 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 710 Ratio of inventory to future sales 30% May June 660 750 Required units of available production Units to be produced
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