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Bodin Company budgets on an annual basis. The following beginning and ending Inventory levels (In units) are plannned for the year 20x1. Flve units of

image text in transcribed Bodin Company budgets on an annual basis. The following beginning and ending Inventory levels (In units) are plannned for the year 20x1. Flve units of raw materlal are requlred to produce each unit of finlshed product. Required: 1. If Bodin Company plans to sell 478,000 unlts during the year, compute the number of unlts the firm would have to manufacture during the year. 2. If 512,000 finlshed units were to be manufactured by Bodin Company during the year, determine the amount of raw materlal to be purchased

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