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 168 units. Prepare a production budget for the months of April, May, and June. June April 560 May 640 July Budgeted sales units 590 680 RUIZ COMPANY Production Budget April May June 560 640 590 640 590 680 30% 30% 30% Budgeted sales units Add: Desired ending inventory Next period budgeted sales units Ratio of inventory to future sales Desired ending inventory units Total required units Less: Beginning inventory units Units to produce Blue Wave Company budgets the following unit sales for the next four months: September, 3,900 units; October, 4,300 units; November, 6,800 units; and December, 8,300 units. The company's policy is to maintain finished goods inventory equal to 50% of the next month's unit sales. At the end of August, the company had 1,950 finished units in inventory. Prepare a production budget for each of the months of September, October, and November. BLUE WAVE COMPANY Production Budget September October November Next period budgeted sales units % % Desired ending inventory units Total required units Units to produce Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of 280,000 units in the second quarter and 66,500 units in the third quarter. Each unit requires 0.70 pound of direct material, priced at $189 per pound. Starting with the second quarter, the company plans to end each quarter with an ending inventory of materials equal to 60% of next quarter's budgeted direct materials required. Raw material inventory is 117,600 pounds at the beginning of the second quarter. Prepare a direct materials budget for the second quarter. (Enter "per unit" answers in two decimal places.) RIDA INCORPORATED Direct Materials Budget Second Quarter Units to produce 280,000 units Materials needed for production (pounds) Total materials required Materials to purchase (pounds) Cost of direct materials purchases Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of 240,000 units in the second quarter and 52,500 units in the third quarter. Each unit requires 0.60 pound of direct material, priced at $175 per pound. Starting with the second quarter, the company plans to end each quarter with an ending inventory of materials equal to 30% of next quarter's budgeted direct materials required. Raw material inventory is 43,200 pounds at the beginning of the second quarter. Prepare a direct materials budget for the second quarter. (Enter "per unit" answers in two decimal places.) RIDA INCORPORATED Direct Materials Budget Second Quarter Units to produce 240.000 units Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Cost of direct materials purchases