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A department store budgets $1,000 for a variety of straw handbags for summer.Their target initial margin is 70%.The first $250 of handbags arrives and they

A department store budgets $1,000 for a variety of straw handbags for summer.Their target initial margin is 70%.The first $250 of handbags arrives and they are priced at $350.If you are the buyer for the store, what do you need to price the remaining handbags for to achieve the targeted initial margin mix?

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