What is the Open to Buy for February?
Planned Sales: $350,000
Employee Discount: 2%
MD $: $52,500
Shortage: .015%
EOM: $300,000
BOM: $300,000
Monthly On Order: $87,500
Particulars | Amount $ | |
Sales | 350,000 | |
add | ||
MD | 525,000 | |
EOM | 300,000 | |
less | ||
BOM | 300,000 | |
Open to buy | 875,000 | |
note ;
open to buy is a technique to budget how much goods they wanted to order to meet thier current sale plan . it is also depentend on inventory on opening and closing
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What is the Open to Buy for February? Planned Sales: $350,000 Employee Discount: 2% MD $:...
Calculate the remaining open to buy balance. February BOM $1,060 February Sales $550 February MDs $248 February receipts on order $875 March BOM $1,340 Feb BOM Feb Sales Feb MD March BOM Mar OTB Feb Receipts OTB Balance $1,060 $550 $248 $1,340 $875
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