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Albertville Inc. produces leather handbags. The production budget for the next four months is: July 5,000 units, August 7,000, September 7,500, October 8,000. Each handbag

Albertville Inc. produces leather handbags. The production budget for the next four months is: July 5,000 units, August 7,000, September 7,500, October 8,000. Each handbag requires 0.5 square meters of leather. Albertville Inc.s leather inventory policy is 30% of next months production needs. If the leather policy is met, what will the July 1 inventory be?

a.

750 square meters

b.

1,050 square meters

c.

1,825 square meters

d.

300 square meters

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