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
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 30% of next month's budgeted unit sales. Finished goods inventory on April 1 is 165 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 550 Budgeted sales units Add: Beginning inventory units Next period budgeted sales units Ratio of inventory to future sales Desired ending inventory units Total required units Less: Beginning inventory units Units to produce May 630 RUIZ COMPANY Production Budget April June 580 550 630 30% 189 165 July 670 May 63 580 30% June 580 670 30%
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