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Mini Case [Extra Credit] Planned purchases at retail for Gymboree, the childrens wear retailer, for spring summer season are: $1.5 Million which will be spread

Mini Case [Extra Credit]

Planned purchases at retail for Gymboree, the childrens wear retailer, for spring summer season are: $1.5 Million which will be spread across 4 departments: infants (20%); Toddler boys (20%); Toddler girls (15%); Young Boys (25%) and Young girls (20%).

Toddler boys department carries 4 classifications of T-shirts (40%); Pants (30%); Outerwear (10%); Sweaters (10%) and accessories (10%). Toddler boys t-shirts buyer has the following assortment distribution for spring-summer season:

Styles Short Sleeve Sleeve-Less Long Sleeve Total
45% 40% 15% 100%
Sizes 4-5years 6-7 years 8-9 years 10-12 years
10% 30% 35% 25% 100%
Color Blue Green Red Yellow Black White Multi
20% 25% 15% 10% 5% 15% 10% 100%
Price $10 $12 $15 $18
20% 30% 40% 10% 100%

Refer to Gymboree case figures provided above and Find the average retail price for toddler boys t-shirts at Gymboree (1.5pts)

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