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Ruiz Co. provides the following sales forecast for the next four months Sales (units) April 670 May 750 June 700 July 790 The company wants
Ruiz Co. provides the following sales forecast for the next four months Sales (units) April 670 May 750 June 700 July 790 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 134 units Prepare a production budget for the months of April, May, and June RUIZ CO. Production Budget For April May, and June April Next month's budgeted sales (units) 750 Ratio of inventory to future sales 20% May 700 June 790 A Required units of available production Units to be produced
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