Case: Lukes Diner has planned sales of $365,000 for the upcoming spring/summer season. This is a 4% sales increase that could be attained this year due to the introduction and addition of a new gourmet coffee line. The turnover goal for the season is 1.8. Reductions are planned to come in at 11%, Operating Expenses at 44%, cash discounts of 0.7% and a profit for the department of 5.5%. Please show your work. Total 100pts.

Month (Spring/Summer Season)	% of Seasons Sales	% of Seasons Reductions
February	14%	12%
March	12%	14%
April	21%	17%
May	24%	21%
June	17%	24%
July	12%	12%

Your task is to prepare a merchandise budget plan for Lukes Diner.

1. Total Seasonal Sales Forecast (2pts) = $____________________________________________
2. Total LY Seasons Sales (2pts) = $_________________________________________________

3. Monthly Sales Forecast Breakdown for the Season (6pts)

Month (Spring/Summer Season)	% of Season Sales	Monthly Sales Forecast TY
February
March
April
May
June
July