Formulas:

Initial Markup % = (Expenses + Profit + Reductions - Cash Discounts) / (Sales + Reductions) Markdown % = Dollar Markdown / Total Sales Off-Retail % = Markdown / Original retail price

Questions:

Please format questions 1 and 2 below.

Budget
Unit cost
Units needed
Size Distribution
Small
Medium
Large
X Large
Colour Distribution
Black
White
Red
Grey

SIZE/COLOUR	Black	white	red	grey	Totals
small
medium
large
XLARGe
Totals

1. You have been allocated a $2,000.00 budget to purchase men's hoodies for your store. All the hoodies will be purchased from ABC Sports for $15.00 each. The distribution of sizes will be as follows:

Small 18% Medium 28% Large 34% X-Large 20% The colours will be represented in the assortment as follows: Red 25%

Grey 25%

White 20%

Black 30%

Calculate the assortment plan, using these sizes and colours.

2. Recalculate the assortment plan using the information presented in Question 1 if the distribution in sizes were changed as follows: (Note: the colour distribution stays the same. Please copy and paste formatting from question 1 for question 2.)

Small 20%

Medium 32%

Large 32%

X-Large 16%