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Rulz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending finished goods Inventory equal
Rulz 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 1 177 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 590 May 670 June 620 July 710 RUIZ COMPANY Production Budget April May June 670 620 710 Next period budgeted sales units Ratio of inventory to future sales 30% 30% 30% Total required units Units to produce
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