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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 30% of next month's budgeted unit sales. Finished goods inventory on April 1 is 168 units. Prepare a production budget for the months of April, May, and June.
\table[[,April,May,June,July],[Budgeted sales units,560,640,590,680]]
\table[[RUIZ COMPANY],[Production Budget,,,],[,April,May,June],[Desired ending inventory units,192,177,204],[Add: Beginning inventory units,,,],[Next period budgeted sales units,640,590,680],[Ratio of inventory to future sales,30%,30%,30%
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