Bodin Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are plannned for the year 20x1. Three units of raw material are required to produce each unit of finished product January 1 41,000 18,000 85,000 December 31 Raw material 48,000 18,000 80,000 Work in process Finished goods Required: 1. If Bodin Company plans to sell 452,000 units during the year, compute the number of units the firm would have to manufacture during the year. 2. If 514,000 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 447,000 2. Raw material purchases in units 1,025,000