The beauty department has been given the following information to develop a merchandise plan for the fall-winter season. Calculate the net sales for November. Planned Sales: $873,600 Markdowns: 10.1% Shortages: 2.8% Sales Discounts: 8.6% Initial Markup percent: 48.5% Sales% % of Season's Reductions August 14% 16% September 15% 12% October 13% 12% November 22% 19% December 24% 20% January 12% 21% Select one: O a. $183,456.00 O b. $131,040.00 O c. $192,192.00 O d. $165,984.00

The beauty department has been given the following information to develop a merchandise plan for the fall-winter season. Calculate the net sales for November. Planned Sales: $873,600 Markdowns: 10.1% Shortages: 2.8% Sales Discounts: 8.6% Initial Markup percent: 48.5% Sales% % of Season's Reductions August 14% 16% September 15% 12% October 13% 12% November 22% 19% December 24% 20% January 12% 21% Select one: O a. $183,456.00 O b. $131,040.00 O c. $192,192.00 O d. $165,984.00

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 9PB: Amusement tickets estimated sales are: What are the balances in accounts receivable for April, May,...

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