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2. The jewelry buyer is planning a Mother's Day promotion on bracelets. The buyer has purchased the following bracelets: 1200 silver charm bracelets at a
2. The jewelry buyer is planning a Mother's Day promotion on bracelets. The buyer has purchased the following bracelets: 1200 silver charm bracelets at a cost of $5.00, 900 beaded bracelets at a cost of $4.50 and 900 colored stone bracelets at a cost of $6.30. The markup goal for the promotion is 65.0%. What is the retail price that the buyer can sell the bracelets for? Bracelets MU % Total Retail $ # Units 1200 Unit Cost $5.00 Total Cost Avg. Retail price per bracelet Silver charm Beaded Colored Stone 900 900 S4.50 S6.30 Total 65.0%
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