Question
David Co. manufactures leather briefcases and carryalls. David's production manager has provided the following production budget. Each briefcase or carryall requires 1.3 yards of leather
David Co. manufactures leather briefcases and carryalls. David's production manager has provided the following production budget. Each briefcase or carryall requires 1.3 yards of leather fabric and David maintains an ending inventory of leather fabric equal to 25% of the next month's production needs.
| February | March | April | May | June | |
| Budgeted production | 51300 | 44500 | 59200 | 64800 | 58200 |
How many yards of leather fabric will David budget to purchase in May?
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Accounting Principles Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
8th Canadian Edition
111950242X, 1-119-50242-5, 978-1119502425
