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Ruiz Co. provides the following sales forecast for the next four months. April 610 May 690 June 640 July 730 Sales (units) The company wants
Ruiz Co. provides the following sales forecast for the next four months. April 610 May 690 June 640 July 730 Sales (units) 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 122 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) 690 Ratio of inventory to future sales 20% May June 640 730 Required units of available production Units to be produced
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