During the spring season (February 1 through July 30), the lingerie department had net sales of $639,000. On July 31, a physical inventory showed $78,539 worth of merchandise. The book inventory showed $101,272. What was the shortage percent for the season? Your Answer: Answer units

During the spring season (February 1 through July 30), the lingerie department had net sales of $639,000. On July 31, a physical inventory showed $78,539 worth of merchandise. The book inventory showed $101,272. What was the shortage percent for the season? Your Answer: Answer units

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 6EA: Logo Gear purchased $2,250 worth of merchandise during the month, and its monthly income statement...

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Question

Not use excel

During the spring season (February 1 through July 30), the lingerie department had
net sales of $639,000. On July 31, a physical inventory showed $78,539 worth of
merchandise. The book inventory showed $101,272. What was the shortage percent
for the season?
Your Answer:
Answer
units

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