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Assume markup is based on cost. Find the dollar markup and selling price for the following problem. (Round your answers to the nearest cent.) Item Cost Markup percent Dollar markup Selling price The selling price of lumber at Home Depot is $4,400, percent markup on cost is 30%. Calculate the actual cost. (Round your answer to the nearest cent.) By conversion of the markup formula, solve the following. (Round your answer to the nearest whole percent.) Percent markup on Percent markup on cost selling price Calculate the final selling price to the nearest cent and markdown percent to the nearest hundredth percent: Original selling price First markdown Second markdown Markup Final markdown $6,696 25% 26% 12% 5% Markdown percent % An Apple Computer store sells computers for $1,270.08, Assuming the computers cost $10,584 per dozen, a. Find the dollar markup for each computer. (Round your answer to the nearest cent.) Dollor markup _ b. Find the percent markup on cost for each computer. Percent markup - % c. Find the percent markup on selling price for each computer. (Round your answer to the nearest hundredth percent.) Percent marku p % Front Range Cabinet Distributors in Colorado Springs, Colorado, sells to its contractors with a 39% markup on cost. If the selling price to the contractors is $ 9,701, what is the original cost to Front Range Cabinet Distributors? (Round your answer to the nearest cent.) Based on cost