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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

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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 30% of next month's budgeted unit sales. Finished goods inventory on April 1 is 186 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 620 May 700 June July 650 740 RUIZ COMPANY Production Budget April May June Next period budgeted sales units 700 650 740 Ratio of inventory to future sales 30% 30% 30% Total required units Units to produce

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