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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 201. Two units of
Bodin Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are plannned for the year 201. Two units of raw material are required to produce each unit of finished product. Required: 1. If Bodin Company plans to sell 466,000 units during the year, compute the number of units the firm would have to manufacture during the year. 2. If 505,000 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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