Ruiz Company provides the following budgeted sales for the next four months. The company wants to...

 

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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 183 units. Prepare a production budget for the months of April, May, and June. April Мay June July Budgeted sales units 610 690 640 730 RUIZ COMPANY Production Budget April May June Next period budgeted sales units 690 640 730 Ratio of inventory to future sales 30% 30% 30% Total required units Units to produce 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 183 units. Prepare a production budget for the months of April, May, and June. April Мay June July Budgeted sales units 610 690 640 730 RUIZ COMPANY Production Budget April May June Next period budgeted sales units 690 640 730 Ratio of inventory to future sales 30% 30% 30% Total required units Units to produce

Answer rating: 100% (QA)

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