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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 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 50e May 580 June 540 July 620 RUIZ COMPANY Production Budget April May June P ES 580 540 620 Next period budgeted sales units Ratio of inventory to future sales 25% 25% 25% Total required units Units to produce Production Budget April 580 Budgeted beginning inventory units 25% Budgeted sales units Desired ending inventory units Units to produce

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