3. The sport dress classification of a specialty store was given the following figures to use in developing a merchandise plan for the spring/summer season: Month % of Season's Sales BOM Stock-Sales Ratio % of Season Markdowns 14.0 February March 3.8 16.8 16.0 4.2 14.26 20.0 April May 15.64 17.5 3.5 3.6 15.28 June 16.5 3.7 16.20 July 16.0 3.9 21.82 Develop a merchandise plan, using the form provided, (a) Distribute total season's sales of $222,600 over each month. (b) Calculate monthly dollar markdowns and total season dollar markdowns if the season markdown percent is 5.5%. (c) Plan BOM stock values. (d) Enter EOM values. Use $124,359 for the July EOM. (e) Calculate monthly planned purchases at retail. (h) Calculate monthly planned purchases at cost if the initial markup percent is 50.5%. (g) Calculate turnover for the season. 3. The sport dress classification of a specialty store was given the following figures to use in developing a merchandise plan for the spring/summer season: Month % of Season's Sales BOM Stock-Sales Ratio % of Season Markdowns 14.0 February March 3.8 16.8 16.0 4.2 14.26 20.0 April May 15.64 17.5 3.5 3.6 15.28 June 16.5 3.7 16.20 July 16.0 3.9 21.82 Develop a merchandise plan, using the form provided, (a) Distribute total season's sales of $222,600 over each month. (b) Calculate monthly dollar markdowns and total season dollar markdowns if the season markdown percent is 5.5%. (c) Plan BOM stock values. (d) Enter EOM values. Use $124,359 for the July EOM. (e) Calculate monthly planned purchases at retail. (h) Calculate monthly planned purchases at cost if the initial markup percent is 50.5%. (g) Calculate turnover for the season