Jeremy Inc. produces leather handbags. The production budget for the next four months is: July 5,300 units, August 7,600, September 7,800, October 8,000. Each handbag requires 0.6 square meters of leather. Jeremy Inc.'s leather inventory policy is 30% of next month's production needs. If the leather policy is met, what will the July 1 inventory be? Multiple Choice 954.0 square meters 1,368.0 square meters 2,029.0 square meters 504.0 square meters