Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with en

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Ruiz Company Provides The Following Budgeted Sales For The Next Four Months The Company Wants To End Each Month With En 1 (92.64 KiB) Viewed 24 times

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 140 units. Prepare a production budget for the months of April, May, and June. June April 700 May 780 July 820 Budgeted sales units 730 RUIZ COMPANY Production Budget April June Next period budgeted sales units Ratio of inventory to future sales Total required units Units to produce 780 20% May 730 20% 820 20%