Use the information below to calculate the following: -  Total stock needs for the month                                                               Open To Buy                                                                                                       Expected deliveries R5 600 Beginning of Month stock R80 000 Planned reductions 6% of planned sales End of Month stock R88 000 Planned sales R25 000

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.2MBA
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  • Use the information below to calculate the following: -

 Total stock needs for the month                                                              

  1. Open To Buy                                                                              

                       

Expected deliveries

R5 600

Beginning of Month stock

R80 000

Planned reductions

6% of planned sales

End of Month stock

R88 000

Planned sales

R25 000

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