Rulz Co. provides the following sales forecast for the next four months. Sales (units) April...
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Rulz Co. provides the following sales forecast for the next four months. Sales (units) April 650 May 730 June 680 July 770 The company wants to end each month with ending finished goods Inventory equal to 20% of next month's forecasted sales. Finished goods Inventory on April 1 is 130 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) 730 Ratio of inventory to future sales 20% May June 680 770 Required units of available production Units to be produced
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