Master Production Schedule for X1 Subassembly PERIOD 7 8 10 11 12 X1 Gross requirements 50 20 100 B1(1) B2/2) ON ON HAND LEAD LEAD ITEM TIME HAND ITEM TIME A1(1) E(1) D1) X1 50 C 1 B1 20 D 1 E2) B2 2 M 20 10 Al 1 Figure 14.12 Information for Problem 14.10

1. Net sales for the hosiery department in May wee $30,620.  Book inventory at the end of the month showed that $97,831 should be on hand.  Physical inventory showed $97,560.  Determine shortage or overage percent.  Present your answer with a percent sign, rounded to two decimal places (i.e. 19.64%). 2. Using the data below, determine the closing book inventory.  Not all information given may be needed.  Present your answer with a dollar sign, comma separator, rounded to the dollar. (i.e. $19,567)   Opening inventory $89,760 Gross purchases $43,620 RTV $860 Cash discounts $320 Markdowns $5,246 Markdown cancellations $318 Employee discounts $784 Gross sales $49,318 Customer returns $2,945 Net markups $760   3. Calculate the shortage or overage percent, given the following information.  Present your answer with a percent sign, rounded to two decimal places (i.e. 19.64%). NOTE.  There is another question in this quiz using the same data.   Opening inventory…

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An X product is composed of A, B, C items. The aggregate plan for February and some of the information are provided as follows. Prepare the master production schedule.