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Part II: Campbell Snacks budgets on an annual basis. The following beginning and ending inventory levels (in units) are planned for the year 2023. Two
Part II: Campbell Snacks budgets on an annual basis. The following beginning and ending inventory levels (in units) are planned for the year 2023. Two units of raw material are required to produce each unit of finished product. January 1 December 31 Raw material 35,000 45,000 Work in process Finished goods 12,000 12,000 80,000 50,000 2. If 500,000 finished units were to be manufactured by Campbell Snacks during the year, determine the amount of raw material to be purchased. (20 points)
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