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10. A suit buyer who plans sales of $95,000 at retail during April has an average markup goal of 54%. An order is placed
10. A suit buyer who plans sales of $95,000 at retail during April has an average markup goal of 54%. An order is placed with the B&C Sportswear Company for April delivery in the amount of $5,975 at cost and $12,500 at retail. What markup percentage must be made on the balance of the April purchases to achieve the planned markup? B & C order placed Retail Planned MU % Cost Planned MU $ MU % $95,000 54.0% $12,500 $5,975
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