Particular | Amount |
EOM | $325000 |
Add (sales - markdown) | $120550 |
Total | $445550 |
Less - BOM | ($316000) |
Less - purchase received | ($46000) |
Planned purchase | $83550 |
Less - outstanding orders | $187000 |
OTB | ($103450) |
Since OTB is negative, it means excess bought already.
6. An open-to-buy report was prepared on August 5 for a linen de partment. The following...
5. An open-to-buy report was prepared on January 15. The following information was provided: January BOM January EOM January sales January markdowns January 5-12 purchases received January outstanding orders Determine the January ОTB. $ 86,000 $104,000 $ 52,000 $ 10,500 $ 11,000 $ 6,000 With the amount of merchandise on order, and noting that this open to buy has been prepared on the 15th, what concerns might a buyer face after reviewing these figures?
9. Chrissy's Campus started August 1 at $65,000. This amount was $8,000 over the planned BOM stock figure. When the merchandise manager reviewed the purchase journal, he told the buyer to cancel orders to avoid being overbought. Look at the following figures and determine how much Chrissy's Campus would be overbought if the buyer does not cancel any orders. Planned BOM $57,000 Actual BOM $65,000 Planned sales $32,000 Planned markdowns $ 6,500 Planned EOM $48,000 Purchases on order $31,500 Would...