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 20% of next month's budgeted unit sales. Finished goods inventory on April 1 is 100 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 500 May 580 June July 530 620 RUIZ COMPANY Production Budget April May June Next period budgeted sales units 580 530 620 Ratio of inventory to future sales 20% 20% 20% Total required units Units to produce