Jackson Inc. produces leather handbags. The production budget for the next four months is: July 5,500 units, August 7700 units, September 7,700 units, October 8,100 units. Each handbag requires 0.6 square meters of leather Jackson Inc.'s leather inventory policy is 30% of next month's production needs. On July 1 leather inventory was expected to be 1,300 square meters. What will leather purchases be in August? Multiple Choice 7700 square meters 7.625 square meters 4,470 square meters ( 4,620 square meters