TB MC Qu. 8-56 (Algo) Jackson Inc. produces leather handbags. The... Jackson Inc. produces leather handbags. The production budget for the next four months is: July 5,200 units, August 7,800 units, September 7,900 units, October 8,800 units. Each handbag requires 0.7 square meters of leather. Jackson Inc.'s leather inventory policy Is 40% of next month's production needs. On July 1 leather inventory was expected to be 1,600 square meters. What will leather purchases be in August? Multiple Choice O 5,338 square meters O 5,488 square meters O 7,840 square meters 7,765 square meters Prev 14 of 25