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 40% of next month’s budgeted unit sales. Finished goods inventory on April 1 is 200 units. Prepare a production budget for the months of April, May, and June. April May June July Budgeted sales units 500 580 530 620

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 40% of next month’s budgeted unit sales. Finished goods inventory on April 1 is 200 units. Prepare a production budget for the months of April, May, and June. April May June July Budgeted sales units 500 580 530 620

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 12MC: The units required in production each period are computed by which of the following methods? adding...

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	April	May	June	July
Budgeted sales units	500	580	530	620

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