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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

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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 40% of next month's budgeted unit sales. Finished goods inventory on April 1 is 200 units. Prepare a production budget for the months of April, May, and June.
\table[[,April,May,June,July],[Budgeted sales units,500,580,530,620]]
\table[[RUIZ COMPANY,],[Production Budget,,],[Budgeted sales units,,,],[Add: Desired ending inventory,,April,],[Next period budgeted sales units,,,],[Ratio of inventory to future sales,580,,],[Desired ending inventory units,,,],[Total required units,,,],[Less: Desired ending inventory,,,],[Units to produce,,,]]
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