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12. The junior dress department was given the following data to use in developing a merchandise plan for the spring-summer season: Planned sales for the

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12. The junior dress department was given the following data to use in developing a merchandise plan for the spring-summer season: Planned sales for the season $128,000 July 31 EOM inventory 71,200 Initial markup percent 54.0% Season markdown percent 5.76% Month % of Sales Stock/Sales Ratio % of Markdowns 3.0 15.5% February 15% March 13% 2.8 12.5% April 19% 2.3 16% May 21% 2.2 18.5% June 20% 2.4 18% July 12% 2.5 19.5% Calculate: (a) Monthly planned sales (b) Monthly and total season planned dollar markdowns (c) BOM stocks (d) EOM stocks (e) Monthly and total season. planned purchases at retail (f) Monthly and total season planned purchases at cost (g) Planned stock turnover rate for the season

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