Jackson incorporated produces leather handbags. The production budget for the next four months is: July 5,300 units, August 7,500 units, September 7,900 units, and October 8,800 units. Each handbag requires 0.7 square meters of leather. Jackson incorporated's ending leather inventory policy is 20% of next month's production needs. On July 1, leather inventory was expected to be 742 square meters. Leather is expected to cost $13 per square meter in June, but go up to $14 per square meter in July. What is the expected cost of leather purchases in July? Mutiple choike 556.252 $54752 557,252 557152