Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Additional problem (similar, but different to 843) You have a total of $84,000 to spend at retail. For this entire buy, you must achieve
Additional problem (similar, but different to 843) You have a total of $84,000 to spend at retail. For this entire buy, you must achieve a CMU % of 52.00%. Orders for $18,000 at cost have already been placed; a55% markup will be placed on 54 items from this specific order. What amount in retail dollars do you still have left to spend on the remaining orders you must place? 55 57 Giver Total amount you can spend stret Orders that you have already placed t 59 100 MU on orders that have been placed thus far $54,000 $18,000 55.00% Total C Total Fetal S MUS 45% Items you have already when orders for (5) Balance (5) $18.000 55.00% CMUN that must be achieved on all onder for the month 52.00% Cumulative (5) 584,000 52.00% 03 Find: 62 gofal Amount you have left to spend stal Cumulative cost of all purchases 544,000.00 $40,320.00 264 65 367 100 170 171 172 175 174 175 176 Additional problem: For Period 8, you have a total of $100,000 to spend at cost and must achieve a CMUef 60.00%. Orders for $30,000 at retail have already been placed; these items will have a markup of 53%. What amount in cost dollars do you still have left to spend on the remaining orders you must place for Period 8 in order to achieve a CMU of 60.00%? What MUN must you achieve on the purchase balance? Given: Total amount you can spend at Orders that you have already placed at r Find MU% on orders that have been placed thus far OMUN that must be achieved on all orders for the month Amount you have left to spend at cost MIS on the balance londen you have to place $100,000 $30,000 53.00% 60.00% $85,900.00 es you have already when orders for (5) Balance 50 Cumulative (5) Total Cost Total MUN
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started