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26. For the six-month period ending in January, your department showed the following figures: Opening inventory (retail) Customer returns $1,262,000 $10,000 $6.200 $3,800 $910,000 $870,000

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26. For the six-month period ending in January, your department showed the following figures: Opening inventory (retail) Customer returns $1,262,000 $10,000 $6.200 $3,800 $910,000 $870,000 Returns to vendor Employee discounts Net sales Retail purchases Markdowns Transfers in Transfers out Physical inventory Yearly net sales 60% $5,100 $4,000 $638,000 $1,654,000 a. What are the markdown dollars? b. Determine the overage or shortage in both dollars and percentage

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