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Womens boutique Sales for the year: $ 390,000 Turnover rate: 3.6 Markup %: 50% Define your five product categories Tops Bottoms Jackets Dresses Shoes 6.

Womens boutique

Sales for the year:

$390,000

Turnover rate:

3.6

Markup %:

50%

Define your five product categories

Tops

Bottoms

Jackets

Dresses

Shoes

6. Determine your four price points for each category

$20, $40, $50, $30

7. Determine your % of sales for each price point

8. Calculate your average retail price

9. Calculated your average cost.

10. Determine your % of Planned Sales for each category

11. Calculate the dollar allocation for each category based off % of Planned Sales

12. Calculate the number of pieces that will be allocated to each category

image text in transcribed
TABLE 6.2 OEPNING INVENTORY PLAN (Blank) AVG. % PRICE #PC./PRICE PLANNED TOTAL COST PT. PT. % COST AVG. RETAIL CATEGORY ACTUAL PC. . COST . RETAIL Wgt. Avg. TOTAL Wgt. Avg. TOTAL Wgt. Avg. TOTAL Wgt. Avg. TOTAL Wgt. Avg. TOTAL GRAND TOTAL TABLE 6.2 OEPNING INVENTORY PLAN (Blank) AVG. % PRICE #PC./PRICE PLANNED TOTAL COST PT. PT. % COST AVG. RETAIL CATEGORY ACTUAL PC. . COST . RETAIL Wgt. Avg. TOTAL Wgt. Avg. TOTAL Wgt. Avg. TOTAL Wgt. Avg. TOTAL Wgt. Avg. TOTAL GRAND TOTAL

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