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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 165 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 550 May 630 June 580 July 670 RUIZ COMPANY Production Budget April May June 580 670 Next period budgeted sales units Ratio of inventory to future sales 630 30% 30% 30% Total required units Units to produce

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