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Jackson Inc. produces leather handbags. The production budget for the next four months is: July 5,100 units, August 7,300 units, September 8,200 units, October 8,400

Jackson Inc. produces leather handbags. The production budget for the next four months is: July 5,100 units, August 7,300 units, September 8,200 units, October 8,400 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 1,400 square meters. What will leather purchases be in August?

2,300 square meters

2,550 square meters

2,700 square meters

3,575 square meters

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