RUIZ CO. | |||
Production Budget | |||
For April, May, and June | |||
April | May | June | |
Next month's budgeted sales (units) | 680 | 630 | 720 |
Ratio of inventory to future sales | 40% | 40% | 40% |
Budgeted ending inventory (units) | 272 | 252 | 288 |
Budgeted unit sales for the month | 600 | 680 | 630 |
Required units of available production | 872 | 932 | 918 |
Budgeted beginning inventory (units) | 240 | 272 | 252 |
Units to be produced | 632 | 660 | 666 |
Note : Ending inventory of one month becomes the beginning inventory of the immediate next month |
uizi Swed Help Save & Exit Submi Check my work Required information Use the following information...
Saved Help Save & Exit Su Check my wor Required information Use the following information for the Exercises below. Ruiz Co provides the following sales forecast for the next four months: April May June July Sales (units) 600 680 630 720 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 240 units. Assume July's budgeted production is 630 units. In addition, each...
Ch 20 Homework i Savad Help Save & Exit Submit Check my work Required information Use the following information for the Exercises below. Ruiz Co, provides the following sales forecast for the next four months! X April 550 May 630 June 530 July 670 Sales units 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. Assume July's budgeted production is...
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...
Required information Ruit Co provides the following sales forecast for the next four months Sales unita) April 350 May 630 June 580 July 670 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 165 units. Assume July's budgeted production is 580 units. In addition, each finished unit requires four 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: 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 Use the following information for the Exercises below Ruiz Co. provides the following sales forecast for the next four months AprilMay June July 770 Sales (units) 650 730 680 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 195 units. Assume July's budgeted production is 680 units. In addition, each finished unit requires four pounds (Ibs.) of raw materials and...
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...
Required information Rulz Co. provides the following sales forecast for the next four months: Sales (units) April 610 May 690 June 640 July 730 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted a goods inventory on April 1s 122 units. Assume July's budgeted production is 640 units. In addition, each finished unit requires five pounds (lbs.) of raw materials and the company wants to end each month with raw...
Ch 20, 218 22 Help Required information Ruiz Co. provides the following sales forecast for the next four months Sales (units) April 580 May 660 June 610 July 700 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 Aprilis 174 units. Assume July's budgeted production is 610 units. In addition, each finished unit requires six pounds (lbs.) of raw materials and the company wants to...