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

Paradise 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 1st, year 1 through June 30th, year 2.

Raw Material * 40,000 50,000

Work in Process 10,000 20,000

Finished Goods 80,000 50,000

The answer is 1,010,000. I need a list of the calculations needed to get this answer, no real explanation necessary.

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