Question

Calculate the remaining open to buy balance. February BOM $1,060 February Sales $550 February MDs $248...

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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Answer #1

March OTB =

Feb sales + Feb MD + March BOM - Feb BOM

= $550 + $248 +$1,340 -$1,060

= $1078

OTB Balance =

March OTB + Feb Receipts

= $1078 +$875

= $1953

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