Find the August BOM for the Mens pan department given the fo

Find the August BOM for the Men\'s pan department given the following information:

July BOM $314,600

July Sales $37,750

July Markdowns 42%

Transfers out $5,860

July Receipts are $62,300

Solution

Computation of August BOM July BOM $314,600.00 Receipt $62,300.00 Total Available $376,900.00 Less: Markdown (314600*42%) $132,132.00 net Sales $37,750.00 Transfer Out $5,860.00 -$175,742.00 August BOM Will be $201,158.00