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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 30% of next month's budgeted unit sales. Finished goods inventory on April 1 is 192 units. Prepare a production budget for the months of April, May, and June April May Budgeted sales units 720 June 670 July 640 760 RUIZ COMPANY Production Budget April May June 760 Next period budgeted sales units Ratio of inventory to future sales 720 30% 670 30% 30% Total required units Units to produce

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