Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1 ruiz co. provides the following sales forecast f

1 Ruiz Co. provides the following sales forecast for the next four months. April 580...

70.2K

Verified Solution

Question

Accounting

image

1 Ruiz Co. provides the following sales forecast for the next four months. April 580 May 660 June 610 Sales (units) July 700 2 points Skipped The company wants to end each month with ending finished goods inventory equal to 30% of next month's forecasted sales. Finished goods inventory on April 1 is 174 units. eBook Prepare a production budget for the months of April, May, and June. Hint Print RUIZ CO Production Budget For April, May, and June April Next month's budgeted sales (units) 660 Ratio of inventory to future sales 30% May June 610 700 Required units of available production Units to be produced

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students