Question
The Sarah Free, Inc. produces handmade shoe bags made of leather used for high-end shoes. They created a production budget and for the next four
The Sarah Free, Inc. produces handmade shoe bags made of leather used for high-end shoes. They created a production budget and for the next four months, they forecast the following units be produced:
July 5,000 units, August 7,000, September 7,500, October 8,000.
Each shoe bag requires 0.5 square meters of leather. The Sarah Free, Inc. states their leather inventory be 30% of next month's production needs. On July 1 their leather inventory was expected to be 1,000 square meters. What will leather purchases be in July?
3,575 square meters
2,700 square meters
2,550 square meters
2,300 square meters
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