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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 2 0
Bodin Company budgets on an annual basis. The following beginning and ending inventory levels in units are plannned for the year x Four units of raw material are required to produce each unit of finished product.
January December
Raw material
Work in process
Finished goods
Required:
If Bodin Company plans to sell units during the year, compute the number of units the firm would have to manufacture during the year.
If finished units were to be manufactured by Bodin Company during the year, determine the amount of raw material to be purchased.
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