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Johnson Incorporated produces leather handbags. Johnson Incorporated estimates it will use 3,700 square meters of leather in production in August, and 4,100 square meters

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Johnson Incorporated produces leather handbags. Johnson Incorporated estimates it will use 3,700 square meters of leather in production in August, and 4,100 square meters of leather in production in September. Johnson Incorporated's ending leather inventory policy is 35% of next month's production needs. What will leather purchases be in August? Multiple Choice 3,560 square meters 3,700 square meters 3,840 square meters 5,135 square meters

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