A G H 16. The sweater buyer is buying 12,000 cashmere crew neck and 8,000 V-neck sweaters at a cost of $32.50. The buyer plans to retail the sweaters as follows: Crew neck to retail at $74.00, V-neck to retail at $79.00 a. Calculate the IMU $ and IMU % for the crew neck Quantity 12.000 Unit Cost $32.50 Total Cost Unt Retail $7400 Total Retail 5 MU $Retail Cost 3 MUS MUMU S Retail S or 8.000 $32.50 $7900 or Calculate the IMU S and IMU % for the Vneck o 1 2 MU S Retail Cost 3 MUS 4 MUS MUS/ Retail 55 6 c. Calculate the CMU % for the total buy 37 CMU S Total Retail-Total Cost 58 CMU%CMU S/Total Retail $ Total Cost Total Retail CMUS CMU 30 Cumulative Markup Application Practice Problems 91 17. The jewelry buyer wants to spend $25,000 at retail. The department maintains a 76.7% markup. The buyer needs a minimum of 600 pairs of earrings to cover each branch with an adequate 32 assortment