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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

image text in transcribedimage text in transcribed 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 30% of next month's budgeted unit sales. Finished goods inventory on April 1 is 207 units. Prepare a production budget for the months of April, May, and June. \begin{tabular}{|l|r|r|r|} \hline \multicolumn{3}{|c|}{ RUIZ COMPANY } \\ \hline & April & May & \multicolumn{1}{c|}{ June } \\ \hline & & & \\ \hline Next period budgeted sales units & 770 & & \\ \hline Ratio of inventory to future sales & 30% & 30% & 30% \\ \hline & & & \\ \hline Total required units & & & \\ \hline & & & \\ \hline Units to produce & & & \\ \hline \end{tabular}

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