WILLIcation.com Ck 20 Homework omework Served Help Save & Exit Submit Exercise 20-3 Manufacturing: Production budget LO P1 Ruiz Co provides the following sales forecast for the next four months. Sales (units) April 520 May 600 June 550 July 640 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 208 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) 600 Ratio of inventory to future sales 40% May 501 Required units of available production Units to be produced