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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

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 252 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 630 May 710 June July 660 750 RUIZ COMPANY Production Budget April May June Next period budgeted sales units 710 660 750 Ratio of inventory to future sales 40% 40% 40% Total required units Units to produce

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