14 Tsao Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are planned for the year 20x1. Four units of raw material are required to produce each unit of finished product. Required: A. If Tsao Company plans to sell 465,000 units during the year, compute the number of units the rm would have to manufacture during the year. 8. If 570.000 finished units were to be manufactured by Tsao Company during the year, determine the amount of raw material to be purchased January 1 December 31 Raw material 37,000 115,500 Work in process 20,500 20,500 Finished goods 37,000 48,500 , Production B, Purchases of raw material