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 40% of next month's budgeted unit sales. Finished goods inventory on April 1 is 260 units. Prepare a production budget for the months of April, May, and June. April 650 May June July 770 Budgeted sales units 730 680 RUIZ COMPANY Production Budget April June Next period budgeted sales units Ratio of inventory to future sales. Total required units Units to produce 730 40% May 680 40% 770 40%