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Cheetos &Cheeeters produces Deluxe Leather Cheeters. The production budget for the next four months is: July 5,200 units, August 7,800 units, September 7,600 units, October

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Cheetos &Cheeeters produces Deluxe Leather Cheeters. The production budget for the next four months is: July 5,200 units, August 7,800 units, September 7,600 units, October 8,000 units. Each Cheeter requires 0.5 square meters of leather. Cheetos & Cheeeters's leather inventory policy is 30% of next month's production needs. On July 1 leather inventory was expected to be 780 square meters. Leather is expected to cost $10.00 per square meter in June, but go up to $11.00 per square meter in July. What is the expected cost of leather purchases in July? Select one: a. $32,890 b. $33.790 c. $33,890 d. $31.390

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