Jackson Inc. produces leather handbags. The production budget for the next four months is: July 5,200 units, August 7,800 units, September 7,500 units, October 8,500 units. Each handbag requires 0.6 square meters of leather. Jackson Inc.s leather inventory policy is 35% of next months production needs. On July 1 leather inventory was expected to be 1,400 square meters. What will leather purchases be in August? Multiple Choice 4,617 square meters 7,620 square meters 4,467 square meters 7,695 square meters