TB MC Qu. 8-54 (Algo) Jeremy Inc. produces leather handbags.... Jeremy Inc. produces leather handbags. The production budget for the next four months is: July 5,300 units, August 7,300, September 8,300, October 8,200. Each handbag requires 0.8 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 O 1,272.0 square meters O 1,752.0 square meters 2,347.0 square meters 822.0 square meters