Jackson Incorporated produces leather handbags. The sales budget for the next four months is: July 5,400 units, August 7,900 units, September 7,900 units, and October 8,200 units. Each handbag requires 0.5 square meters of leather. Jackson Incorporateds ending finished goods inventory policy is 10% of next months sales needs. Jackson Incorporated's ending inventory policy is 40% of next months production needs. What will leather purchases be in August?

Multiple Choice

3,781 square meters

3,806 square meters

3,864 square meters

3,956 square meters