Ch 07 Ex 7-3 Saved 1 Exercise 7-3 (Algo) Manufacturing: Production budget LO P1 5 points 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 189 units. Prepare a production budget for the months of April, May, and June. April 630 May 710 June 660 July 750 Budgeted sales units eBook Hint RUIZ COMPANY Production Budget April 630 May June 710 660 Ask 710 660 750 Print 30% 30% 30% Budgeted sales units Add: Desired ending inventory Next period budgeted sales units Ratio of inventory to future sales Desired ending inventory units Total required units Less: Beginning inventory units Units to produce 213 198 225 843 908 885 References