Question
Retail Markup help! Scenario: Two retailers (One large and one small) do business with august silk. This manufacture produces sweaters and sweater sets. The manufacturers
Retail Markup help!
Scenario: Two retailers (One large and one small) do business with august silk. This manufacture produces sweaters and sweater sets.
The manufacturers cost to the retailer (MSRP) for the cardigan in $16.00
Both retailers are planning to purchase the crew-neck cardigan below:
(Image above) Info about cardigan:
- 38% Viscose / 33% silk / 29% nylon
-Long sleeve crewneck cardigan with button closure
- classic fit, super soft and comfortable
- ribbed hem and sleeves
- perfect for everyday wear and office
independent retailer: this retailer has a single location. They have the ability to buy up to 24 units (pieces) in each of four (4) colors.
1. Calculate the total number of units the independent retailer can purchase for their single location. Include all steps/Show all work.
Scenario: Two retailers (one large and one small) do business with August Silk. This manufacture produces sweaters and sweater sets. Both retailers are planning to purchase the Crew-Neck Cardigan below: 38% Viscose / 33% silk / 29% Nylon Long Sleeve Crewneck Cardigan With Button Closure Classic Fit, Super Soft and comfortable Ribbed Hem and Sleeves Perfect for Everyday wear and the Office . Ribbed Neckline, Cuffs, and Hem Independent Retailer: This retailer has a single location. They have the ability to buy up to 24 units (pieces) in each of four (4) colors. 1. Calculate the total number of units the independent retailer can purchase for their single location. Be sure to include all steps. Scenario: Two retailers (one large and one small) do business with August Silk. This manufacture produces sweaters and sweater sets. Both retailers are planning to purchase the Crew-Neck Cardigan below: 38% Viscose / 33% silk / 29% Nylon Long Sleeve Crewneck Cardigan With Button Closure Classic Fit, Super Soft and comfortable Ribbed Hem and Sleeves Perfect for Everyday wear and the Office . Ribbed Neckline, Cuffs, and Hem Independent Retailer: This retailer has a single location. They have the ability to buy up to 24 units (pieces) in each of four (4) colors. 1. Calculate the total number of units the independent retailer can purchase for their single location. Be sure to include all stepsStep by Step Solution
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