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24 August, 14:33

Ruiz co. provides the following sales forecast for the next four mounths. The company wants to end each month with ending finished goods inventory equal to 40% of next months forecasted sales. Finished goods inventory on april 1 is 224 units. Prepare a production budget for the months of april may june

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  1. 24 August, 14:51
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    Some information is missing, estimated sales:

    April = 660 May = 740 June = 690 July = 780

    Ruiz Co.

    Production Budget

    For the Months of April, May and June

    April May June

    Forecasted sales 660 740 690

    Planned ending inventory 296 276 312

    Total production required 956 1,016 1,002

    - Beginning inventory - 224 - 296 - 276

    Units to be produced 732 720 726
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