A Company produces leather handbags. The production budget for the next four months is July 6,000 units, August 8,000, September 7,500, October 8,000. Each handbag requires 0.5 square meters of leather. A Company's leather inventory policy is 30%of next month's production needs. On July 1 leather inventory was expected to be 2,000 square meters. Leather is expected to costRM6.00 per square meter in July. What is the expected cost of leather purchases in July? on