Ch $07$ Ex $7-3$ i

$1$

Exercise $7-3($Algo$)$ Manufacturing: Production budget LO P$1$

$5$

points

Skipped

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 $174$ units. Prepare a production budget for the months of April, May, and June.

$\backslash$table$[[,$April,May,June,July$],[$Budgeted sales units,$580,660,610,700]]$

$\backslash$table$[[$RUIZ COMPANY,$],[,$April,May,June$],[,,,],[,,,],[$Next period budgeted sales units,$660,610,700],[$Ratio of inventory to future sales,$30\%,30\%,30\%$