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Ruiz Co. provides the following sales forecast for the next four months. April 620 Sales...

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Accounting

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Ruiz Co. provides the following sales forecast for the next four months. April 620 Sales (units) May 700 June 650 July 740 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 186 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 700 Ratio of inventory to future sales 30% May June 650 740 Required units of available production Units to be produced

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