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You are the buyer of the girls department. The following has been planned for the month of August. Planned Sales $37,500 Planned August BOM Stock

You are the buyer of the girls department. The following has been planned for the month of August.

Planned Sales $37,500

Planned August BOM Stock 66,000

Planned September BOM Stock 59,000

Gross Margin 15,000

Planned Mark up 60%

A. Find the average inventory for the month of August.
B. Find the average inventory at cost for the month of August.

C. Find the turnover for the month of August D. Find the total Gross Margin $ for the month of August.
E. Find the GMROI of the month of August.

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