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9. The DMM of the Cookware Department needs to determine whether to take a POS (Point of Sale) markdown or to take a permanent markdown

9. The DMM of the Cookware Department needs to determine whether to take a POS (Point of Sale) markdown or to take a permanent markdown on the non-stick 12" pan in the skillets class. In order to help the DMM make the decision, you have been asked to calculate the cost of the markdown using both markdown approaches. You have been provided with the following information: Current Unit Inventory 532 Current Unit Sales 96 Expected sales lift with MD 1.95 Original Retail Price $75.00 Markdown Retail Price $49.99

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