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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 232 units. Prepare a production budget for the months of April, May, and June. April May June July Budgeted sales units 580 660 610 700 RUIZ COMPANY Production Budget April May June 580 660 ces Budgeted sales units 610 Less: Desired ending inventory Next period budgeted sales units 660 610 700 Ratio of inventory to future sales 40% 40% 40% Desired ending inventory units Total required units Units to produce

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