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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 25% of next month's budgeted unit sales. Finished goods inventory on April 1 is 125 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 500 May June July 580 540 620 Budgeted sales units RUIZ CO. Production Budget April May June 500 580 540 Add: Desired ending inventory Next period budgeted sales units 580 540 620 Ratio of inventory to future sales 25% Desired ending inventory units Total required units Less: Beginning inventory units Units to produce

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