× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
I
3
p
2
w
2
y
2
J
2
Q
2
r
2
o
2
e
2
j
2
d
2
T
2
New Topic  
poopsicle2 poopsicle2
wrote...
Posts: 977
Rep: 0 0
6 years ago
A & R Department Store is planning a markdown rate of 40 in the juniors department for spring. Using information from previous problems and the last year  by month, plan this year's markdowns and fill in the missing information in the chart below: Month  MD LY  Planned MD TY  by month MD LY February 346.5 428.9 16.5 March 382.2 473.1 18.2 April 249.9 309.3 11.9 May 472.5 584.8 22.5 June 399.0 493.8 19.0 July 249.9 309.3 11.9 Total 2100.0 2599.2 100.0
 
  What will be an ideal response?
Read 50 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
Total markdowns last year, see problem 5.
February = 346.5 February MD LY / 2100 Total MD LY = 16.5 February  of total MD
2599.2 Total planned MD TY = 428.9 February planned MD TY
March = 2100 LY total MD  18.2 = 382.8 March MD LY. 2599.2 TY total MD plan
18.2 = 473.1 March planned MD TY
April = 2100 LY total MD  11.9 = 249.9 April MD LY. 2599.2 TY total MD plan
11.9 = 309.3 April planned MD TY
May = Calculate after calculating all other months.
 MD LY = 2100 Total MD LY -346.5 Feb-382.2 March-249.9 April-399.0 June-
249.0 July = 472.2 May markdowns LY
 MD planned TY = repeat the LY  MD process after calculating the TY  plans for
each month
 MD = May MD LY 472.5 / Total MD LY 2100 = 22.5 May  of total MD
June = 2599.2 TY total planned MD  19 = 493.8 June planned MD
July = 249.9 LY July MD / 2100 LY total MD = 11.9 of total MD  2599.2 TY planned
MD = 309.3 July planned MD TY
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  441 People Browsing
Show Emoticons
:):(;):P:D:|:O:?:nerd:8o:glasses::-):-(:-*O:-D>:-D:o):idea::important::help::error::warning::favorite:
Related Images
  
 717
  
 379
  
 563
Your Opinion
How often do you eat-out per week?
Votes: 81

Previous poll results: What's your favorite coffee beverage?