Solution-Determine the planned october purchases

Determine the planned october purchases

Reference no: EM133458477

The children's department had the following figures for October:

Planned sales

Planned reductions Planned stock, October 1 Planned stock, November 1 Outstanding orders Planned markup $500,000 $5,000 $850,000 $630,000 $200,000 48.2%

a. Determine the planned October purchases at retail for the children's department.

b. What is the October OTB at cost?

Reference no: EM133458477

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Determine the planned october purchases

Reference no: EM133458477

Reference no: EM133458477

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