Linen Department Case The Linen department at McFadden's Department store has planned sales of $375,000 for the upcoming spring/summer season. The turnover goal for the season is 1.8. Reductions are planned to come in at 10%, Operating Expenses at 40%, cash discounts of 0.9% and a profit for the department of 5.5%. Month (Spring/Summer Season) February March April May June July % of Season's Sales 16 15 16 17 19 17 % of Season's Reductions 15 18 15 20 16 16 Your task is to prepare a merchandise budget plan for McFadden's Department store for the Linen department. February March April May June July Sales Plans Monthly sales Distribution % Reduction Plan $ Reduction Monthly Distribution % BOM Plan $ EOM Plan $ Planned Purchases $ Planned Purchases @Cost Average Inventory: Average Stock: Basic Stock: Initial Markup: Linen Department Case The Linen department at McFadden's Department store has planned sales of $375,000 for the upcoming spring/summer season. The turnover goal for the season is 1.8. Reductions are planned to come in at 10%, Operating Expenses at 40%, cash discounts of 0.9% and a profit for the department of 5.5%. Month (Spring/Summer Season) February March April May June July % of Season's Sales 16 15 16 17 19 17 % of Season's Reductions 15 18 15 20 16 16 Your task is to prepare a merchandise budget plan for McFadden's Department store for the Linen department. February March April May June July Sales Plans Monthly sales Distribution % Reduction Plan $ Reduction Monthly Distribution % BOM Plan $ EOM Plan $ Planned Purchases $ Planned Purchases @Cost Average Inventory: Average Stock: Basic Stock: Initial Markup