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

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

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

Post by answerhappygod »

Ruiz Company Provides The Following Budgeted Sales For The Next Four Months The Company Wants To End Each Month With En 1
Ruiz Company Provides The Following Budgeted Sales For The Next Four Months The Company Wants To End Each Month With En 1 (67.66 KiB) Viewed 64 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 25% of next month's budgeted unit sales. Finished goods inventory on April 1 is 125 units. Prepare a production budget for the months of April, May, and June. April 500 May 580 June 540 July 620 Budgeted sales units RUIZ COMPANY Production Budget May June April 3,504 Budgeted beginning inventory units 3,750 580 540 620 Next period budgeted sales units Ratio of inventory to future sales 25% 25% 25% (1,050) 3,578 Total required units Units to produce 14,312
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply