Question
The following is the 4 th quarter information for the shoe department: Sales BOM inventory GM$ November $71,000 $2,520,000 $36,900 December $82,000 $2,830,000 $43,500 January
The following is the 4th quarter information for the shoe department:
Sales BOM inventory GM$
November $71,000 $2,520,000 $36,900
December $82,000 $2,830,000 $43,500
January $56,000 $2,100,000 $25,800
February $2,478,000
MU% for the quarter is 59.6%
Find:
Turnover for the quarter?
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Managerial Accounting Principles Of Accounting II
Authors: Eric W. Noreen, Peter C. Brewer, Ray H. Garrison
6th Edition
0077681258, 978-0077681258
