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QUESTION 6 You are the Buyer for an Outlet store. The total money available (OTB) for the month is $2,172,101 at retail. For April In
QUESTION 6 You are the Buyer for an Outlet store. The total money available (OTB) for the month is $2,172,101 at retail. For April In store, you have already purchased a coordinate group, Modern Contrast. The total cost for the order is $476,735. The total retail spent is $1,339,542. Calculate, Markup % on this order: You still needs to place an order for key item tee shirts for April. These tee shirts will retail for $16.99 and the Buyer needs to buy 49,000 units. Vendor states that the cost for the tee shirts will be $5.00. Do you have enough money to make this purchase?(Yes/No) What will be the cumulative Markup% on the entire inventory if this purchase is made? If the planned CMU % for April is 68.5% and vendor is not ready to negotiate the cost of tees for less than $5, what should be the retail per unit of these tees to achieve the planned CMU% for the department? QUESTION 6 You are the Buyer for an Outlet store. The total money available (OTB) for the month is $2,172,101 at retail. For April In store, you have already purchased a coordinate group, Modern Contrast. The total cost for the order is $476,735. The total retail spent is $1,339,542. Calculate, Markup % on this order: You still needs to place an order for key item tee shirts for April. These tee shirts will retail for $16.99 and the Buyer needs to buy 49,000 units. Vendor states that the cost for the tee shirts will be $5.00. Do you have enough money to make this purchase?(Yes/No) What will be the cumulative Markup% on the entire inventory if this purchase is made? If the planned CMU % for April is 68.5% and vendor is not ready to negotiate the cost of tees for less than $5, what should be the retail per unit of these tees to achieve the planned CMU% for the department
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