$34$

$4.$ The merchandise plan for fall shows planned sales of $$1,135,000,$ with an estimated shortage of $1\mathrm{.}7\%.$ What is the

$35$

planned dollar shortage for fal?

Planned sales $

Planned shortage $\%$

Planned shortage $

$36$

$37$

$38$

$5.$ Find the following:

a$.$ Jamuary closing book inventory given the following: January sales $$423,000$

January markdowns $$140,000$

January receipts $$230,000$ January BOM$$2,861,000$

b$.$ A physical inventory was taken and the actual inventory is $$2,400,000.$ Is there a shortage or overage, and by how much in dollars?

c$.$ If the yearty net sales are $$5,600,000,$ what is the shortage or overage $\%?$

Closing book inventory

Physical inventory

$$0$

$$2,400,000$

ShortagelOverage $ Shortage or Overage

$=$Closing book inventory

$$2,861,000$

$$$230,000$

$$461,000$

$$461,000$

Opening Book Inventory

Additions

$-$Reductions

Net sales $

$$5,600,000$

Shortage $\%$

c$.$ Shortage $

$$461,000$

$0\mathrm{.}0\%$