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Videos Of Wirecl quotes and paraphrasing li te AA VU. C. Calculating Gross Sales, Returns/Allowances, Operating Expenses, & Profit 28 points You have accepted a position in retail store A. Using Data Set A, the manager has asked you to calculate the following (you must show your calculations): Data Set A A store sold the following items for the day: 2 sweaters at $39, 16 pairs of jeans at $59,2 purses at $29 and 2 suits at $169. The store had customer returns and allowances: 1 jean returned at $59, 2 skirts at $39 and gave a discount of 10% on a $169 suit because it was dirty. Calculate gross sales for the day Calculate customer returns and allowances for the day Calculate customer returns and allowances as a percentage of sales The manager is impressed with your knowledge of retail management. Using Data Set B, the manager has asked you to calculate the following (you must show your calculations): Data Set B The buyer purchased purses at $9, sweaters at $19, jeans at $27 and suits at $67 The direct expenses for the month included the following: $200 for advertising, $500 for salaries, and $200 in rent expenses for the month Indirect expenses during the month included: $75 for water, $89 for electricity, $60 for insurance Net sales of $3,267 and cost of inventory sold of $1346 Calculate cost of inventory sold on this day 2 EOS210 b o leh Calculate gross margin a l into bluoda Calculate direct expenses for the month and for the day (31 day month) ang onl i ne Calculate indirect expenses for the month and for the day (31 day month) Calculate total operating costs Calculate profit for the store on this particular day and profit for the month best

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