A buyer places an order for the following items. The merchandise cost is list price less a trade discount of 30% and 15%. Calculate the cost to be paid for the entire purchase order. units list Item purchas cost ed sweaters $35.00 skirts 48 $25.00 jackets 36 $75.00 72 An invoice for men's wallets is dated February 7 with terms of 8/10, net 30. The total billed cost of the merchandise is $12,000.00 How much should be paid if the invoice is paid on February 14? A buyer for scarves orders merchandise with terms of 6/10, net 30. The total billed cost of the merchandise is $8,000.00 The invoice arrives dated January 5 with FOB store. There are freight charges of $300.00. How much should be paid if the invoice is paid on January 20? Define markup and how it is calculated