QUESTION 3 Jennifer Co. manufactures leather laptop bags. The production manager has provided the following production budget. Each laptop bag requires 1.2 yards of leather fabric and the company maintains an ending inventory of leather fabric equal to 25% of the next month's production needs. February March April May June Budgeted 50,000 44,000 60,000 64,000 58,000 Production How many yards of leather fabric will Jennifer budget to purchase in May? A. 64,000 B. 58,000 C. 75,000 D. 76,800 E. 62,500 F. 94,200 G. 68,000