1 A clothing store buys shirts for $35.00 less 40% for buying over 50 pairs, and less a further 26% for buying last season's style. The shirts are then marked up to cover overhead expenses of 36% of cost and a profit of 26% of cost. (a) What is the regular selling price of the shirts? (b) What is the maximum amount of markdown to break even? (c) What is the rate of markdown if the shirts are sold at the break-even price? G (a) The selling price is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The amount of the markdown to break even is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) The rate of markdown to break even is%. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) Save On Shoes bought a shipment of 763 pairs of women's shoes for $42.00 per pair. The store sold 141 pairs at the regular selling price of $146.00 per pair, 74 pairs at a clearance sale at a discount of 26%, and the remaining pairs during an inventory sale at a price that equals cost plus overhead. The store's overhead is 26% of cost. (a) What was the price at which the shoes were sold during the clearance sale? (b) What was the selling price during the inventory sale? (c) What was the total profit realized on the shipment? (d) What was the average rate of markup based on cost that was realized on the shipment? COB (a) The clearance sale price was S (b) The inventory sale price was $ (c) The total profit was $ (d) The average rate of markup was%. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)