Jeremy Incorporated produces leather handbags. The production budget for the next four months is: July 5,400 units, August 7,100 units, September 7,700 units, and October 8,500 units. Each handbag requires 0.7 square meters of leather. Jeremy Incorporated's ending leather inventory policy is 35% of next month's production needs. If the inventory policy is met, what will the July 1 inventory be? Multiple Choice 1.740.0 square meters 873.0 square meters 1,323.0 square meters 2,398.0 square meters