Homework Answers
| Markdown dollars (135050*42%) | $ 56,721 |
| Open to buy (135050+56721+415540-519425) | $ 87,886 |
| Orders placed in June in retail | $ 93,900 |
| Less: Markdowns @ 42% | $ -39,438 |
| Orders placed cost | $ 54,462 |
| Balance left to spend (87886-54462) | $ 33,424 |
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2. Find the planned June open-to-buy dollars for the activewear department if: a. June sales $135,050...
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Please provide a 1) Budgeted income statement for the year ending June 30, 2019. 2) Budgeted...
Please provide a
1) Budgeted income statement for the year ending June 30,
2019.
2) Budgeted balance sheet for June 30, 2019.
We only need annual totals for the budgeted financial
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Kimmel Gnomes, located in South Dakota, may be the only other manufacturer of high quality clay garden gnomes that are hand finished. Kimmel Gnomes are stoneware, rather than terracotta. Stoneware uses higher-quality clay than terracotta and the gnomes are fired at higher temperature, yielding a stronger, more durable...
Please provide a 1) Sales budget, including a schedule of expected cash collections. 2) Production budget....
Please provide a
1) Sales budget, including a schedule of expected cash
collections.
2) Production budget.
Kimmel Gnomes, located in South Dakota, may be the only other manufacturer of high quality clay garden gnomes that are hand finished. Kimmel Gnomes are stoneware, rather than terracotta. Stoneware uses higher-quality clay than terracotta and the gnomes are fired at higher temperature, yielding a stronger, more durable gnome. The gnomes are fired inside and out and are colored with glaze before firing, rather...
OPS Practice quiz 2. The benefits of risk pooling depend on the behavior of demand from...
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7. The retail inventory for men's ties in the men's accessories depart- ment of Wilson's Department Store was $62,000 on May 1, with a planned EOM figure of $56,000. The planned sales are $44,000 for the month, markdowns are $800, and orders placed already totaled $8,000 at retail. What is the open to buy?
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CHAPTER 1 2. Using the following classification plan, prepare an assortment for wallets, which are classification #12 of the women's hand department. Use the following information and research to you in the development of your plan. BOM stock of women's handbags for the opening of the falls son is $250,000. Past sales indicate that wallets account for 25% of the sales, and the stock has been on hand to support those sales. Key price points are: Lower: $15.00 per package,...
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Please provide a
1) Budgeted income statement for the year ending June 30,
2019.
2) Budgeted balance sheet for June 30, 2019.
We only need annual totals for the budgeted financial
statements
Kimmel Gnomes, located in South Dakota, may be the only other manufacturer of high quality clay garden gnomes that are hand finished. Kimmel Gnomes are stoneware, rather than terracotta. Stoneware uses higher-quality clay than terracotta and the gnomes are fired at higher temperature, yielding a stronger, more durable...
Please provide a
1) Sales budget, including a schedule of expected cash
collections.
2) Production budget.
Kimmel Gnomes, located in South Dakota, may be the only other manufacturer of high quality clay garden gnomes that are hand finished. Kimmel Gnomes are stoneware, rather than terracotta. Stoneware uses higher-quality clay than terracotta and the gnomes are fired at higher temperature, yielding a stronger, more durable gnome. The gnomes are fired inside and out and are colored with glaze before firing, rather...
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