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 inventoy on April 1 is 125 units. Prepare a production budget for the months of April, May, and june in order to answer the following questions. An excel file for you to begin to use is posted under this problem in Blackboard Uitra. It is not necessary to submit the file for this specific problem. (Note: a production budget for July cannot be determined because you would need five months of data to complete a four-month budget. The desired ending inventory in units for May would be Integer, decimal, or Enotation allowed Question 2 The Units to Produce for june would be Integer, decimal, or E notation allowed Question 3 The Total Required Units for April would be 580 695 645 520 The Next Period budgeted sales units for May would be Integer, decimal, or Enotation allowed Question 5 After completing this Production Budget. the next budget to complete would more than likely be the Sales Budget Budgeted income statement Budgeted Balance Sheet Direct Materials Budget Question 6 The ratio of inventory to future sales for May is 50%. True False 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 inventoy on April 1 is 125 units. Prepare a production budget for the months of April, May, and june in order to answer the following questions. An excel file for you to begin to use is posted under this problem in Blackboard Uitra. It is not necessary to submit the file for this specific problem. (Note: a production budget for July cannot be determined because you would need five months of data to complete a four-month budget. The desired ending inventory in units for May would be Integer, decimal, or Enotation allowed Question 2 The Units to Produce for june would be Integer, decimal, or E notation allowed Question 3 The Total Required Units for April would be 580 695 645 520 The Next Period budgeted sales units for May would be Integer, decimal, or Enotation allowed Question 5 After completing this Production Budget. the next budget to complete would more than likely be the Sales Budget Budgeted income statement Budgeted Balance Sheet Direct Materials Budget Question 6 The ratio of inventory to future sales for May is 50%. True False
