Question: please post how to do this on excel! Last year's sales for the six-month perio of February to July were $336,900. A 5.5 percent increase
please post how to do this on excel!
Last year's sales for the six-month perio of February to July were $336,900. A 5.5 percent increase in sales is anticipated this year. Total reductions for the period are planned at 8 percent. The buyer desires an ending inventory of $115,000 for the period. A 48 percent initial markup is planned. Based on an analysis of past sales records and current market trends, a buyer has also made plans for the period in relation to (1) monthly distribution of sales, (2) monthly stock-tosales rutios, and (3) monthly distribution of planned reductions. Those planning estimates are presented below: Calculate (1) planned monthly sales, (2) planned monthly BOM, (3) planned monthly EOM, and (4) planned monthly reductions, (5) planned monthly purchases at retail, and (6) planned monthly purchases at cost
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
