If 500,000 finished units were to be manufactured during July, the units of raw material needed to be purchased would be:

A) 1,000,000.
B) 990,000.
C) 1,010,000.
D) 1,020,000.

Raw Material

Basic materials used in the production process, which are transformed into finished goods.

Finished Goods

Units of product that have been completed but not yet sold to customers.

Work in Process

Inventory items that are in the process of being produced but are not yet complete, representing a stage between raw materials and finished goods.