Thomas Co. manufactures leather briefcases and carryalls. Thomass production manager has provided the following production budget. Each briefcase or carryall requires 1.2 yards of leather fabric and Thomas maintains an ending inventory of leather fabric equal to 25% of the next months production needs.

	February	March	April	May	June
Budgeted production	51100	43400	60600	63400	57600

If each yard of leather fabric costs $8.50, how much should Thomas budget for purchases of fabric in April?

$779790

$625260

$618120

$525895