Ruiz Co. provides the following sales forecast for the next four months. Hey June ly Sales...
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Ruiz Co. provides the following sales forecast for the next four months. Hey June ly Sales (units) 700 780 730 820 The company wants to end each month with ending finished goods inventory equal to 30% of next month's forecasted sales. Finishe goods inventory on April 1 is 210 units. Prepare a production budget for the months of April, May, and June. RUIZ CO Production Budget For April, May, and June April May June Next month's budgeted sales (units) 780 730 820 Ratio of inventory to future sales 30% Required units of available production Units to be produced Ruiz Co. provides the following sales forecast for the next four months. Hey June ly Sales (units) 700 780 730 820 The company wants to end each month with ending finished goods inventory equal to 30% of next month's forecasted sales. Finishe goods inventory on April 1 is 210 units. Prepare a production budget for the months of April, May, and June. RUIZ CO Production Budget For April, May, and June April May June Next month's budgeted sales (units) 780 730 820 Ratio of inventory to future sales 30% Required units of available production Units to be produced
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date:
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