Create all your products first :

Finished product 1 : Stockable, MTO, Produce Finished product 2 : Stockable, MTO, Produce Intermediary product 1 : Stockable, MTO, Produce Intermediary product 2 : Stockable, MTO, Produce component 1 : Stockable, MTO, Buy component 2 : Stockable, MTO, Buy component 3 : Stockable, MTO, Buy component 4 : Stockable, MTO, Buy

Create your BOM

Finished product 1 is made with : Normal BOM

• 2 x Intermediary product 1
• 2 x Intermediary product 2

Intermediary product 1 is made with : Phantom BOM

• 1 x component 1
• 1 x component 2

Intermediary product 2 is made with : Phantom BOM

• 1 x component 3
• 1 x component 4

Finished product 2 is made with : Normal BOM

• 1 x Intermediary product 1
• 2 x Intermediary product 2

In MRP > Configuration > BOM Components, edit the lines where the Parent BOM are finished products and change their BOM type to Phantoms.

Generate a MO for Finished product 1 and 2, confirm them and you will get all the components as products to consume.