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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 240 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 600 May 680 June 630 July 720 RUIZ COMPANY Production Budget April May June Budgeted sales units Add: Desired ending inventory Next period budgeted sales units Ratio of inventory to future sales 680 630 720 40% 40% 40% Total required units Units to produce

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