The stationery and greeting cards department was given the following data to use in developing a merchandise plan for the spring-summer season:

Planned sales for the season: $90,000

February 1 inventory: $31,320

July 31 inventory: $36,000

Initial markup percent: 53.5%

Season markdown percent: 5.43%

Month % of Season's Sales

February 12%

March 14%

April 20%

May 21%

June 19%

July 14%

BOM Stock Sales Ratio % of Season's . .Markdowns

2.9 6.6%

2.7 4.5%

2.2 4.7%

2.1 4.9%

2.2 5.2%

2.7 7.5%

Calculate:

A. Monthly planned sales

B. BOM stocks

C. Monthly and total season planned dollar markdowns

D. Monthly and total planned purchases at retail

E. Monthly and total planned purchases at cost

F. Planned stock turnover rate for the season

The stationery and greeting cards department was given the following data to use in developing a merchandise plan for the spring-summer season: Planned sales for the season $90,000 February 1 inventory $31,320 July 31 inventory $36,000 Initial markup percent 53.5% Season markdown percent 5.43% Month % of Season's Sales BOM Stock Sales Ratio % of Season's Markdowns February 12% 2.9 6.6% March 14% 2.7 4.5% April 20% 2.2 4.7% May 21% 2.1 4.9% June 19% 2.2 5.2% July 14% 27 7.5% Calculate: A. Monthly planned sales B. BOM stocks C. Monthly and total season planned dollar markdowns D. Monthly and total season planned purchases at retail E Monthly and total season planned purchases at cost F. Planned stock turnover rate for the season