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How much should brian budget for purchases of fabric

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Question - Brian Co. manufactures leather briefcases and carryalls. Brian's production manager has provided the following production budget. Each briefcase or carryall requires 1.2 yards of leather fabric and Brian maintains an ending inventory of leather fabric equal to 25% of the next month's production needs.

February

March

April

May

June

Budgeted production

52000

43000

59200

64300

57000

If each yard of leather fabric costs $6.40, how much should Brian budget for purchases of fabric in February?

Reference no: EM133121395

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