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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
Posted: Thu May 19, 2022 3:21 pm
by answerhappygod
- 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 66 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