Jackson Incorporated produces leather handbags. The production budget for the next four months is: July 5,300 units, August 7,600 units, September 8,000 units, and October 8,900 units. Each handbag requires 0.5 square meters of leather. Jackson Incorporateds ending leather inventory policy is 30% of next months production needs. On July 1, leather inventory was expected to be 795 square meters. Leather is expected to cost $9 per square meter in June, but go up to $10 per square meter in