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Keener Company budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for the fiscal

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Keener Company budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for the fiscal year of July 1,2020 through June 30,2021 Three (3) units of raw material are needed to produce each unit of finished product. If Keener Company plans to sell 500,000 units during the 2020-2021 fiscal year, the number of units it would have to manufacture during the year would be 480.000 units. 500.000 units. 505,000 units. 475,000 units

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