Question
Current Attempt in Progress Robert Co. manufactures leather briefcases and carryalls. Robert's production manager has provided the following production budget. Each briefcase or carryall requires
Current Attempt in Progress Robert Co. manufactures leather briefcases and carryalls. Robert's production manager has provided the following production budget. Each briefcase or carryall requires 1.3 yards of leather fabric and Robert maintains an ending inventory of leather fabric equal to 20% of the next month's production needs. Budgeted production
February 50500
March 43000
April 60400
May 63200
June 58600
If each yard of leather fabric costs $6.50, how much should Robert budget for purchases of fabric in February?
O $499395
O $414050
$370825
$426725
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