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The children's department had the following figures for October Planned Sales : $ 500,000 Planned Reductions : $5,000 Planned Stock, October 1 : $850,000 Planned

The children's department had the following figures for October

Planned Sales : $ 500,000

Planned Reductions : $5,000

Planned Stock, October 1 : $850,000

Planned Stock, November 1 : $630,000

Outstanding Orders : $200,000

Planned Markup : 48.2%

(a) Determine the planned October purchases at retail for the children's department

(b) What is the October OTB at cost?

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