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If a physical inventory was taken in January and the actual inventory is $209,400, is there a shortage or overage and by how much in

If a physical inventory was taken in January and the actual inventory is $209,400, is there a shortage or overage and by how much in dollars? Net sales for the year is $153,800.

  • January BOM $215,480
  • January Sales $26,675
  • January Markdowns $24,485
  • January Receipts $48,500

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