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 106 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 530 May 610 June July 560 650 RUIZ COMPANY Production Budget Budgeted sales units April May June 530 610 560 Add: Desired ending inventory Next period budgeted sales units 610 560 650 Ratio of inventory to future sales 20% 20% 20% Desired ending inventory units 122 112 130 Total required units 652 722 690 Less: Beginning inventory units Units to produce