Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. The buyer for Shopko has a budget of $5.000 to purchase 1500 holiday t-shirts for the Black Friday sale give-away. She already has purchased:
1. The buyer for Shopko has a budget of $5.000 to purchase 1500 holiday t-shirts for the Black Friday sale give-away. She already has purchased: 600 ea. @ $ 1.25 : 750 300 ea. @ S1 ss --465 - 100 ea. @ $2.00-300 -7415 1.55-465 What is the most she can spend per t-shirt for the remaining quantity needed! 2. Christmas trees at the Marketplace Foods parking lot cost $12.00 per ft. Mary wants to purchase a 14.5 ft. tree. As a loyal customer she is allowed a 20% discount and 10% discount for paying cash. How much did the tree cost her? 3. If the tree seller in the above problem gets a 65% gross margin on all tree sales, how much did he pay for Mary's tree at cost from the farmer 4. The Log Jam restaurant owner is going to give his employees a zo ib. turke anksgiving gift. He paid.59 cents per pound for the turkeys and the vendor sold them with a 4456 gross margin. What is the retail value of each of the turkey's to be gitted? 5. Danika paid $17.50 for the new Barbie doll and an additional $7.50 for fancy guit wrapping at the mall. He received a 25% discount coupon at Santa's village. w the total cost of the Barbie doll wrapped? 6 Jillian has a $2000.00 donation to pur for the local charity. If she purchase the remaining gifts? 000.00 donation to purchases Secret Santa gifts. She need a total of 75 g its charity. If she purchased the following items. What is the most she can pay for oween candy at the closing Kmart is selling with deep discounts to liquate all stock. Carne, loaded her cart with $386.00 of candy. At the cash register she received the discounts: 1596, 30%, 50%. 2096 10.3% cash discount. What dis she pay for the candy after all discounts. 8. How many 4 oz candy canes come in pallet that weights 600 lbs. If they retail of . sell with a margin of 40%, what was the cost per candy cane? 9. A MAGIC the IC Penny's buver wants to purchase 1500 wool scarves. She to purchase 1500 wool scarves. She has a OTB of 2,000, and has purchased the following items already: What is the most she can pay for the remainder of the scarfs and achieve her 5896 average gross margin: Units 1200 200 SOS S S Cost 9.50 12.50 11.00 10. he Holiday Gift Shop buyer purchased 46 towels at $4.25 each, 28 towels at $6.20 at $95 a dozen. The average markup must be 48%. What should be the retail price for each towel it all towels are to be sold at the same price? What would cause these KPIs to increase or decrease (List 5 ways each +/-) Profit Increase vs Decrease Other Expenses Increase vs Decrease Sales Increase vs Decrease / Gross Profit Increase vs Decrease Cost of Sales Increase vs Decrease
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started