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After success of her store in Austin, a buyer is planning to open a store in San Antonio. She is planning to purchase $10,000 worth
After success of her store in Austin, a buyer is planning to open a store in San Antonio. She is planning to purchase $10,000 worth of merchandise at retail for May with a 52% markup planned for the season. To date. 75 maxi dresses costing $26.75 have been purchased, with a 48% markup planned. What markup percentage should she plan on her balance to meet her markup goal? Question 1 What is the total merchandise requirements at cost? O $4,800 O $14,800 O $4,845 $4,940 2.5 pts Question 2 What is the balance at cost? O $2,315 O $6,995 O $2,505 O $2,600 Question 3 What is the total retail of orders placed to date? O $3,858.17 $7.993.75 O $1,043.25 O $1,123 2.5 pts 2.5 pts Question 4 What is the retail balance? O $5,000 O $4,625 $14,000 $14,375 Question 5 What markup should she take on the remaining merchandise to order to meet her CMU markup goal? 2.5 pts 2.5 pts
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