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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 174 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 580 May 660 June 610 July 700 RUIZ CO. Production Budget April May June Next period budgeted sales units 660 610 700 Ratio of inventory to future sales 30% 30% 30% Total required units Units to produce

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