Given the following information calculate:			A. The cumulative markup %:			B. The cost %:
		Cost	Retail
opening inventory		$36,000.00	$80,000.00
gross purchases		$40,500.00	$90,000.00
returns to vendors		$6,750.00	$15,000.00
net purchases
freight		$2,000.00
transfers in		$11,250.00	$25,000.00
transfers out		$8,100.00	$18,000.00
total merch handled				CMU =
net sales			$65,000.00	cost % =
net markdowns			$12,000.00
employee discounts			$3,000.00
total retail deductions
closing book inventory