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