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Question - Michael Co. manufactures leather briefcases and carryalls. Michael's production manager has provided the following production budget. Each briefcase or carryall requires 1.2 yards of leather fabric and Michael maintains an ending inventory of leather fabric equal to 25% of the next month's production needs.
February
March
April
May
June
Budgeted production
51700
43900
59600
63300
58000
Required - How many yards of leather fabric will Michael budget to purchase in May?
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