The following stock and sales plans are available for the spring season. In addition to the information given below, you know that the February BOM is planned for $282,345.
Month Sales EOM Stock
February $110,984 $289,532
March 199,999 344,771
April 145,672 354,678
May 201,322 466,421
June 442,982 301,254
July 99,873 199,234
What is the turnover for the first quarter?
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1.44 |
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1.55 |
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2.44 |
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The answer cannot be calculated from the information given. |
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None of the above is correct. |
| The answer cannot be calculated from the information given. |
| First quarter comprises of January, February & March.However, the sales for January is not given and also it cannot be derived from the other information avaiilable. |
The following stock and sales plans are available for the spring season. In addition to the...
Calculate the basic stock given the following: Total planned sales of $88,678 for the spring season with a planned turnover of 1.98. March sales are planned at $6,777. Using the basic stock method, what should the March BOM be? $23,230 $36,784 $66,343 $51,564 None of the above
17. The stationery and greeting cards department was given the following data to use in developing a merchandise plan for the spring season (3 months season): Planned sales for the season $120,000 April 30 inventory 80,000 Initial markup percent 53.5% % of Season’s BOM Stock Sales Markdowns Month Sales Ratio % February 42% 2.9 12% March 33% 3.4 15% April 25% 3.5 17% Calculate: (a) Monthly planned sales (b) BOM stocks (c) Monthly markdowns $ (d) Season total markdown $...
The small leather goods department had planned the following figures for the Fall season: Planned total sales for season: $102,000 Planned turnover for season: 2.0 Planned sales for November: $26,000 Calculate the November BOM figure for this department using the basic stock method.
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Handbag sales for April are $3,240,000, which represents 18% of the total season. Calculate the total spring sales for handbags if the percentages of monthly sales are as follows: February 14.5% May 22.2% March 20.0% June 15.5% April 18.0% July 9.8%
The following sales and stock plans are available for the months of August through January. Month Sales BOM Stock EOM Stock August $ 77,678 $ 144,987 $ 344,567 September 123,455 344,567 456,986 October 99,678 456,986 509,325 November 145,543 509,325 602,345 December 245,778 602,345 357,654 January 66,213 357,654 251,345 What is the stock to sales for December
The following sales and stock plans are available for the months of August through January. Month Sales BOM Stock EOM Stock August $ 77,678 $ 144,987 $ 344,567 September 123,455 344,567 456,986 October 99,678 456,986 509,325 November 145,543 509,325 602,345 December 245,778 602,345 357,654 January 66,213 357,654 251,345 What is the stock to sales ration for August?
How do I calculate the following: Sales and MD Planning Spring 2020 All sales are in millions Sales provided are based on Spring 2019 due to the pandemic Apparel- Seasonal Planned Sales % change 2.15% TY Sales $ LY Sales $ TY Sales % To Total Season LY Sales % To Total Season % Change MD % TY MD $ TY MD % LY MD $ LY Feb $998.5 29.2% March $1,135.6 34.6% April $1,057.9 44.0% May $2,245.7 68.9% June...
A women’s shoe department reported the following plans for November: Planned Sales.. $72,000 Planned BOM.. $89,000 Planned Reductions.. $4,000 Planned EOM.. $68,000 Stock on Order (@ Cost).. $13,500 IMU%.. 45% Calculate the buyer’s open to buy (OTB) at cost.
QUESTION 1 The city of Charleston had the following sales of water for the selected months of 2017: Month Sales February $60,000 March 45,000 April 65,000 May 43,350 June 110,000 July 120,000 All sales are on credit. Historically, 60 percent is collected in the month of sale, 30 percent during the first month following the sale, and 10 percent in the second month following the sale. Water purchases by month are as follows: Month February $45,000 March 45,000 April 40,000...