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If Jane sells the handbags at 5 0 % price discount, make the following calculations: What was the total cost ( COG , or cost
If Jane sells the handbags at price discount, make the following calculations:
What was the total cost COG or cost of goods of the remaining handbags?
A $
Calculate the markup the percentage added to the cost of each product.
B
Calculate the margin for these products, the percentage in relation to price.
C
If the retailer sells all remaining bags, what is the total $ sales revenue amount collected thus far on the handbags sold?
D
What is the $ dollar amount thus far that has been made on the discounted handbags that were sold, considering their cost?
E
F What is the total $ contribution of all the handbags?
G What is the average unit contribution of the handbags?
H Do you think that Jane should sell the goods at the discount price? Why or why not?
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