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

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Accounting

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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 20% of next month's budgeted unit sales. Finished goods inventory on April 1 is 120 units. Prepare a production budget for the months of April, May. and June April 600 May Budgeted sales units June 630 July 720 680 RUIZ COMPANY Production Budget April May June 680 630 720 Next period budgeted sales units Ratio of inventory to future sales 20% 20% 20% Total required units Units to produce

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