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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 40% of next month's budgeted unit sales. Finished goods inventory on April 1is 264 units. Prepare a production budget for the months of April, May, and June. April 660 May Budgeted sales units 740 June 690 July 780 RUIZ COMPANY Production Budget April May June 740 690 780 Next period budgeted sales units Ratio of inventory to future sales 40% 40% 40% Total required units Units to produce
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