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Ruiz Company provides the following budgeted sales for the next four months. The company wants...

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Accounting

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.
\table[[,April,May,June July,],[Budgeted sales,500,580,540,620],[units,,,,]]
\table[[RUIZ COMPANY],[Production Budget],[Budgeted sales units,April,May,June],[Add: Desired ending inventory,,,],[\table[[Next period budgeted sales],[units]],580,540,620],[\table[[Ratio of inventory to future],[sales]],25%,25%,25%
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