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Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending finished goods inventory equal

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Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending finished goods inventory equal to 40% of next month's budgeted unit sales. Finished goods inventory on April 1 is 208 units. Prepare a production budget for the months of April, May, and June. April May June July Budgeted sales units 550 520 600 640 RUIZ COMPANY Production Budget April 520 May June 550 600 640 600 40% 550 40% 40% Budgeted sales units Add: Desired ending inventory Next period budgeted sales units Ratio of inventory to future sales Desired ending inventory units Total required units Less: Beginning inventory units Units to produce

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