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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
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 110 units. Prepare production budget for the months of April, May, and June. Budgeted sales units Next period budgeted sales units Ratio of inventory to future sales Total required units Units to produce W S A+ 43 # E D F4 $ 4 April 550 R F RUIZ COMPANY Production Budget April F5 May 630 % 5 Search 0+ T *********** 670 20% O F9 CH 2TH BENE ( [P 9 K F10 M DU0 ) 0 FII P t's Lad Towers + 11
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