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The following is the forecast level of inventory (in units) for Aardvark Ltd:
Opening Closing
Work in process 10,000 25,000
Finished goods 20,000 15,000
Question 1: If the company plans to sell 320,000 units, how many will they need to produce during the period?
A. 330,000
B. 315,000
C. 305,000
D. 325,000
E. 320,000
Prepare an adjusted set of financial statements if necessary. Based on these two statements, what would you advise the investor?
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