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 165 units. Prepare a production budget for the months of April, May, and June. April May June July Budgeted sales units 550 630 580 670 RUIZ COMPANY Production Budget April 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 630 30% May 580 30% June 670 30%

Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units 3,000 4, 200 5,000 The company wants to end each month with ending finished goods inventory equal to 10% of the next month's sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for January are: Multiple Choice 3,000 units. 3,420 units. 3.720 units. 3,120 units. 2.880 units.

Subject: acounting

Champ Incorporated budgets the following sales in units for the coming two months. Each month's ending inventory of finished units should be 70% of the next month's sales. The April 30 finished goods inventory is 161 units. May Budgeted sales units 230 Prepare the production budget for May. X Answer is complete but not entirely correct. CHAMP, INCORPORATED Production Budget Budgeted sales units Add: Desired ending inventory Next period budgeted sales units Ratio of inventory to future sales Desired ending inventory units June 210 Total required units Less: Beginning inventory units Units to produce May 230 280 x 70% 196 X 426 161 265 X