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Bonita Industries budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels are planned for the fiscal year
Bonita Industries budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels are planned for the fiscal year of July 1, 2021 to June 30, 2022: June 30. 2022 June 30.2021 Raw Materials 2000 kilos 1000 kilos Three kilos of raw materials are needed to produce each unit of finished product. If Bonita Industries plans to produce 570000 units during the 2021-2022 fiscal year, how many kilos of materials will the company need to purchase for its production during the year?
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