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Johnson Inc. produces leather handbags. Johnson Inc. estimates it will use 3,800 square meters of leather in production in August, and 4,300 square meters of
Johnson Inc. produces leather handbags. Johnson Inc. estimates it will use 3,800 square meters of leather in production in August, and 4,300 square meters of leather in production in September. Johnson Inc. leather inventory policy is 30% of next months production needs. What will leather purchases be in August?
3,650 square meters
5,090 square meters
3,800 square meters
3,950 square meters
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