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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 20% of next month's budgeted unit sales. Finished goods inventory on April 1 is 114 units. Prepare a production budget for the months of April, May, and June. May June April 570 July 690 Budgeted sales units. 650 600 Answer is not complete. May Budgeted sales units Less: 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 RUIZ COMPANY Production Budget April 570 650 20% 650 600 20% June 600 690 20%

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