Question
A costume jewelry department showed the following figures for a six month period: Net sales: 123,000; Purchase (at retail) 95,000; Opening inventory (Feb. 1) 65,000;
A costume jewelry department showed the following figures for a six month period: Net sales: 123,000; Purchase (at retail) 95,000; Opening inventory (Feb. 1) 65,000; Markdowns 8,000; Employee discounts 3,600; Physical count (July 31) 31,000. What is overage in dollars?
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Public Finance
Authors: Harvey S. Rosen
5th Edition
025617329X, 978-0256173291
