Please provide answers in excel spreadsheet format along with the (show formal) format.

Please provide answers in excel spreadsheet format along with the (show formal) format.

LU 8-2 PRACTICE OU Complete this Practice Quiz to see how you are doing. Solve the following situations (markups based on selling price). Note numbers 1. 2, and 3 are parallel problems to those in Practice Quiz 8-1. 1. Irene Westing bought a desk for $400 from an office supply house. She plans to sell the desk for $600. What is Irene's dollar markup? What is her percent markup on selling price (rounded to the nearest tenth percent)? Check your answer. Selling price will be slightly off due to rounding Suki Komar bought dolls for her toy store that cost $12 each. To make her desired profit, Suki must nmark up each doll 35% on the selling price, what is the selling price of each doll? What is the dollar markup? Check your answer 2. 3. Jay Lyman sells calculators. His competitor sells a new calculator line for $14 each. Jay needs a 40% markup on the selling price to make his desired profit, and he must meet price competition. What is Jay's dollar markup? At what cost can Jay afford to bring these calculators into the store? Check your answer Dan Flow sells wrenches for $10 that cost $6. What is Dan's percent markup on cost? 4. Round to the nearest tenth percent. What is Dan's percent markup on selling price? Check. your