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An outerwear buyer arranges a special purchase from a manufacturer who offers a group of 150 plastic raincoats (with varying costs) at one low cost
An outerwear buyer arranges a special purchase from a manufacturer who offers a group of 150 plastic raincoats (with varying costs) at one low cost of $25.00 each. The buyer decodes to price this purchase as follow:
50 units to retail for $35.95 each
50 units to retail for $45.00 each
50 units to retail fpr $55.00 each
What was the overall markup percentage is realized on the total purchase?
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Accounting Costing And Management
Authors: Riad Izhar, Janet Hontoir
2nd Edition
9780198328230
