ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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You are meeting with your manager this afternoon. In preparation, she has asked you to calculate the cumulative MU for your department. At the meeting, the two of you will compare this to the overall MU goal set for your department. The cost of the opening inventory is $11.9. The retail value of the opening inventory is $33.5. The cost for the inventory you are expecting is $57.5. The retail value of those purchases is $121.9. Calculate the cumulative MU%. Do not include the % in your answer.
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