Homework Answers
Production budget
| April | May | June | |
| Next month's budgeted sales | 640 | 590 | 680 |
| Ratio of inventory to future sales | 20% | 20% | 20% |
| Budgeted ending inventory | 128 | 118 | 136 |
| Budgeted unit sales for month | 560 | 640 | 590 |
| Required units of available production | 688 | 758 | 726 |
| Less: Budgeted beginning inventory | -112 | -128 | -118 |
| Unit to be produced | 576 | 630 | 608 |
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Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 560...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500 May 580 June 540 July 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 580 Ratio...
Ruiz Co provides the following sales forecast for the next four months. Sales (units) April 550...
Ruiz Co provides the following sales forecast for the next four months. Sales (units) April 550 May 630 June 580 July 670 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 220 units. Prepare a production budget for the months of April, May, and June. + RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 630...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500 May 580 June 540 July 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 580 Ratio...
Ruiz Co. provides the following sales forecast for the next four months. April May June July...
Ruiz Co. provides the following sales forecast for the next four
months.
April
May
June
July
Sales (units)
550
630
580
670
The company wants to end each month with ending finished goods
inventory equal to 20% of next month's forecasted sales. Finished
goods inventory on April 1 is 110 units.
Prepare a production budget for the months of April, May, and
June.
UINUATIV Wants to end each month with ending finished goods inventory equal to 209 goods inventory on...
Required information Ruiz Co. provides the following sales forecast for the next four months: April Мay 590 June Ju...
Required information Ruiz Co. provides the following sales forecast for the next four months: April Мay 590 June July Sales (units) 510 540 630 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 204 units. Assume July's budgeted production is 540 units. In addition, each finished unit requires four pounds (lbs.) of raw materials and the company wants to end each month...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 630...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 630 May 710 June 660 July 750 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 252 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 710 Ratio...
Required information Ruiz Co. provides the following sales forecast for the next four months: April 540...
Required information Ruiz Co. provides the following sales forecast for the next four months: April 540 May 620 June 570 July 660 Sales (units) The company wants to end each month with ending finished goods inventory equal to 30% of next month's forecasted sales. Finished goods inventory on April 1 is 162 units. Assume July's budgeted production is 570 units. In addition, each finished unit requires six pounds (lbs.) of raw materials and the company wants to end each month...
Required information Ruiz Co. provides the following sales forecast for the next four months: Sales (units)...
Required information Ruiz Co. provides the following sales forecast for the next four months: Sales (units) April 640 May 720 June 670 July 760 The company wants to end each month with ending finished goods inventory equal to 30% of next month's forecasted sales. Finished goods inventory on April 1 is 192 units. Assume July's budgeted production is 670 units. In addition, each finished unit requires four pounds (lbs.) of raw materials and the company wants to end each month...
Ruiz Co. provides the following sales forecast for the next four months: April May June...
Ruiz Co. provides the following sales forecast for the next four
months:
April
May
June
July
Sales (units)
630
710
660
750
The company wants to end each month with ending finished goods
inventory equal to 20% of next month's forecasted sales. Finished
goods inventory on April 1 is 126 units. Assume July's budgeted
production is 660 units. In addition, each finished unit requires
four pounds (lbs.) of raw materials and the company wants to end
each month with...
Check my work Ruiz Co. provides the following sales forecast for the next four months. Sales...
Check my work Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500 May 580 June 540 July 620 0.66 points The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. eBook Prepare a production budget for the months of April, May, and June. Hint Print References RUIZ CO. Production Budget For April, May, and...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500 May 580 June 540 July 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 580 Ratio...
Ruiz Co provides the following sales forecast for the next four months. Sales (units) April 550 May 630 June 580 July 670 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 220 units. Prepare a production budget for the months of April, May, and June. + RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 630...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500 May 580 June 540 July 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 580 Ratio...
Ruiz Co. provides the following sales forecast for the next four
months.
April
May
June
July
Sales (units)
550
630
580
670
The company wants to end each month with ending finished goods
inventory equal to 20% of next month's forecasted sales. Finished
goods inventory on April 1 is 110 units.
Prepare a production budget for the months of April, May, and
June.
UINUATIV Wants to end each month with ending finished goods inventory equal to 209 goods inventory on...
Required information Ruiz Co. provides the following sales forecast for the next four months: April Мay 590 June July Sales (units) 510 540 630 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 204 units. Assume July's budgeted production is 540 units. In addition, each finished unit requires four pounds (lbs.) of raw materials and the company wants to end each month...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 630 May 710 June 660 July 750 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 252 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 710 Ratio...
Required information Ruiz Co. provides the following sales forecast for the next four months: April 540 May 620 June 570 July 660 Sales (units) The company wants to end each month with ending finished goods inventory equal to 30% of next month's forecasted sales. Finished goods inventory on April 1 is 162 units. Assume July's budgeted production is 570 units. In addition, each finished unit requires six pounds (lbs.) of raw materials and the company wants to end each month...
Required information Ruiz Co. provides the following sales forecast for the next four months: Sales (units) April 640 May 720 June 670 July 760 The company wants to end each month with ending finished goods inventory equal to 30% of next month's forecasted sales. Finished goods inventory on April 1 is 192 units. Assume July's budgeted production is 670 units. In addition, each finished unit requires four pounds (lbs.) of raw materials and the company wants to end each month...
Ruiz Co. provides the following sales forecast for the next four
months:
April
May
June
July
Sales (units)
630
710
660
750
The company wants to end each month with ending finished goods
inventory equal to 20% of next month's forecasted sales. Finished
goods inventory on April 1 is 126 units. Assume July's budgeted
production is 660 units. In addition, each finished unit requires
four pounds (lbs.) of raw materials and the company wants to end
each month with...
Check my work Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500 May 580 June 540 July 620 0.66 points The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. eBook Prepare a production budget for the months of April, May, and June. Hint Print References RUIZ CO. Production Budget For April, May, and...
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