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The men's pants department has yearly sales of $4,800,000 and an annual stock turn of 2.0. Calculate the basic stock that needs to be
The men's pants department has yearly sales of $4,800,000 and an annual stock turn of 2.0. Calculate the basic stock that needs to be carried in the men's pants department. The hosiery department has fall season sales of $52,800 and a planned seasonal turnover of 1.25. October sales are planned at $9,540. Calculate October stock that needs to be carried based on the basic stock method. The bra department has planned fall season sales of $254,100 and a planned seasonal turnover of 1.10. December sales are planned at $46,790. Calculate December BOM that needs to be carried based on the basic stock method. For May, the gift department had planned sales of $180,000. For the spring season, the department's planned sales were $900,000, with a planned stock turnover of 2.25. Determine the BOM figure for May using the basic stock method. The men's shirt department has spring season sales of $88,200 and a planned seasonal turnover of 1.60. The sales planned by month are as follows: February $8,880, March $13,320, April $15,540, May $16,872, June $25,596, July $7,992 Calculate the BOM stock needed for each month based on the basic stock method.
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To calculate the basic stock for a department we use the formula Basic Stock Sales Stock Turnover Me...Get Instant Access to Expert-Tailored Solutions
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