Homework Help is Here – Start Your Trial Now!
Business
Accounting
Question 1. The table below is a local retailer's six-month plan for the spring and summer season. Please find out the answers from A to I listed in the table and label your homework by Question 1 A to I and show works Last Season's Sales in $1,500 thousands IMU% 65% This season: %change +8.40% This season sales $A? Reduction plan 14% This season Red. $B? This Season Gross Sales $C? Spring Feb Mar Apr May June July total Mnthly % plan 15.00% 20.00% 19.00% 13.00% 14.00% 19.00% Sales $ Plan $243.90 $325.20 $308.94 D? $227.64 $308.94 Red % Plan 1.64% 2.08% 2.64% 1.96% 2.40% 3.28% Red $ Plan $26.67 $33.82 $42.93 E? $39.02 $53.33 EOM $ Plan $1,186.98 $1,217.22 $1105.52 F? $973.16 $1,030.65 S-S Ratio Plan 4.44 3.65 3.94 5.23 4.37 3.15 BOM $ Plan $1,082.92 $1,186.98 $1,217.22 G1? G2? $973.16 PI purchase $ $374.63 $389.26 $240.16 $132.52 H? $419.76 OTB cost $131.12 $136.24 $84.60 $46.38 1? $146.92 100.00%

Question 1. The table below is a local retailer's six-month plan for the spring and summer season. Please find out the answers from A to I listed in the table and label your homework by Question 1 A to I and show works Last Season's Sales in $1,500 thousands IMU% 65% This season: %change +8.40% This season sales $A? Reduction plan 14% This season Red. $B? This Season Gross Sales $C? Spring Feb Mar Apr May June July total Mnthly % plan 15.00% 20.00% 19.00% 13.00% 14.00% 19.00% Sales $ Plan $243.90 $325.20 $308.94 D? $227.64 $308.94 Red % Plan 1.64% 2.08% 2.64% 1.96% 2.40% 3.28% Red $ Plan $26.67 $33.82 $42.93 E? $39.02 $53.33 EOM $ Plan $1,186.98 $1,217.22 $1105.52 F? $973.16 $1,030.65 S-S Ratio Plan 4.44 3.65 3.94 5.23 4.37 3.15 BOM $ Plan $1,082.92 $1,186.98 $1,217.22 G1? G2? $973.16 PI purchase $ $374.63 $389.26 $240.16 $132.52 H? $419.76 OTB cost $131.12 $136.24 $84.60 $46.38 1? $146.92 100.00%

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 2CMA
See similar textbooks
icon
Related questions
Question
Question 1. The table below is a local retailer's six-month plan for the spring and summer season. Please find out the answers from A to I listed in the table and label your homework by Question 1 A to I and show works Last Season's Sales in $1,500 thousands IMU% 65% This season: %change +8.40% This season sales $A? Reduction plan 14% This season Red. $B? This Season Gross Sales $C? Spring Feb Mar Apr May June July total Mnthly % plan 15.00% 20.00% 19.00% 13.00% 14.00% 19.00% Sales $ Plan $243.90 $325.20 $308.94 D? $227.64 $308.94 Red % Plan 1.64% 2.08% 2.64% 1.96% 2.40% 3.28% Red $ Plan $26.67 $33.82 $42.93 E? $39.02 $53.33 EOM $ Plan $1,186.98 $1,217.22 $1105.52 F? $973.16 $1,030.65 S-S Ratio Plan 4.44 3.65 3.94 5.23 4.37 3.15 BOM $ Plan $1,082.92 $1,186.98 $1,217.22 G1? G2? $973.16 PI purchase $ $374.63 $389.26 $240.16 $132.52 H? $419.76 OTB cost $131.12 $136.24 $84.60 $46.38 1? $146.92 100.00%
Transcribed Image Text:Question 1. The table below is a local retailer's six-month plan for the spring and summer season. Please find out the answers from A to I listed in the table and label your homework by Question 1 A to I and show works Last Season's Sales in $1,500 thousands IMU% 65% This season: %change +8.40% This season sales $A? Reduction plan 14% This season Red. $B? This Season Gross Sales $C? Spring Feb Mar Apr May June July total Mnthly % plan 15.00% 20.00% 19.00% 13.00% 14.00% 19.00% Sales $ Plan $243.90 $325.20 $308.94 D? $227.64 $308.94 Red % Plan 1.64% 2.08% 2.64% 1.96% 2.40% 3.28% Red $ Plan $26.67 $33.82 $42.93 E? $39.02 $53.33 EOM $ Plan $1,186.98 $1,217.22 $1105.52 F? $973.16 $1,030.65 S-S Ratio Plan 4.44 3.65 3.94 5.23 4.37 3.15 BOM $ Plan $1,082.92 $1,186.98 $1,217.22 G1? G2? $973.16 PI purchase $ $374.63 $389.26 $240.16 $132.52 H? $419.76 OTB cost $131.12 $136.24 $84.60 $46.38 1? $146.92 100.00%
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
SEE MORE TEXTBOOKS