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2 points 01:27:16 Bodin Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are plannned for the year
2 points 01:27:16 Bodin Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are plannned for the year 20x1. Five units of raw material are required to produce each unit of finished product Raw material January 1 December 31 44,000 13,000 46,000 13,000 84,000 74,000 eBook Work in process Finished goods Required: 1. If Bodin Company plans to sell 464,000 units during the year, compute the number of units the firm would have to manufacture during the year. 2. If 519,000 finished units were to be manufactured by Bodin Company during the year, determine the amount of raw material to be purchased. 1. Required production in units 2 Raw material purchases in units
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