Question: please help with the 2 problems posted Ruiz Co provides the following sales forecast for the next four months April 500 May June July Sales

please help with the 2 problems posted  please help with the 2 problems posted Ruiz Co provides the
following sales forecast for the next four months April 500 May June

Ruiz Co provides the following sales forecast for the next four months April 500 May June July Sales (units) 580 540 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales, Finished goods inventory on April 1 is 190 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) 580 Ratio of inventory to future sales 25% May June 620 540 Required units of available production Units to be produced Zira Co. reports the following production budget for the next four months. April May June July Production (units) 455 570 560 540 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 663 pounds. Assume direct materials cost $4 per pound Prepare a direct materials budget for April, May, and June. ZIRA CO. Direct Materials Budget For April, May, and June April May June Materials needed for production (lbs.) Total materials requirements (lbs.) Materials to be purchased (lbs) Total budgeted direct materials cont

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