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What will leather purchases be in july

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Question - Lory's Fashions Inc. produces leather handbags. The production budget for the next four months is: July 6,000 units, August 7,000, September 8,000, October 7,000. Each handbag requires 0.5 square meters of leather. Lory's Fashions, Inc.'s leather inventory policy is 30% of next month's production needs. On July 1 leather inventory was expected to be 1,000 square meters. What will leather purchases be in July?

Reference no: EM131571463

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