Business, 13.05.2020 02:57 kyleeeeee94
Mandy Company sells designer handbags. The purchasing manager, Eve, reports the following information regarding inventory for the the month of March: Beginning inventory $12,000, Purchases of inventory for $38,000. The perpetual inventory system indicates that inventory costing $35,210 was sold during March for $44,000. Eve counts the physical inventory on March 31st and finds that inventory costing $14,300 is actually on hand at month-end. What amount of shrinkage will Mandy Company report for March?
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Mandy Company sells designer handbags. The purchasing manager, Eve, reports the following informatio...
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