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HandMi Corp. manufactures organic cotton totes in Michigan. The company estimates its production for the next four months as follows: July 5,400 units, August 7,900
HandMi Corp. manufactures organic cotton totes in Michigan. The company estimates its production for the next four months as follows: July 5,400 units, August 7,900 units, September 7,900 units, October 8,200 units. Each tote requires 0.4 square meters of cotton. The company's cotton Inventory policy is 40% of next month's production needs. On July 1 cotton inventory was expected to be 864 square meters. What will cotton purchases be in July? Multiple Choice O2710 square meters 2,560 square meters 3.585 square meters 2,310 square meters
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