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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 20% of next month's budgeted unit sales. Finished goods Inventory on April 1 Is 134 units. Prepare a production budget for the months of April, May, and June. April May Budgeted sales units June July 670 750 700 790 RUIZ COMPANY Production Budget April May June Next period budgeted sales units 750 700 790 Ratio of inventory to future sales 20% 20% 20% Total required units Units to produce

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