19. Calculate monthly planned purchases at retail and at cost for the men's clothing department If the planned total fal
Posted: Tue Apr 12, 2022 10:53 am
19. Calculate monthly planned purchases at retail and at cost for the men's clothing department If the planned total fall-winter season's sales are $860,000. (Use the merchandise plan for provided.) Total markdowns for the season are planned at 14.6% of the season's sales. January's EOM inventory is planned at $510,000. Initial markup percent is planned at 52%. Month August September October November December January % of Season's Sales Stock-Sales Ratio % of Season's Markdowns 14 4.2 18 16 4.0 15 15 4.1 15 17 3.6 12 23 3.2 13 15 4.1 27