Question
The activewear buyer is buying a new fashion group for a discount retail chain. The buy is as follows: 1,500 hoodies at $22.50 cost to
The activewear buyer is buying a new fashion group for a discount retail chain. The buy is as follows:
1,500 hoodies at $22.50 cost to retail at $59.99
1,800 pants at $17.75 cost to retail at $49.99
2,700 striped T-shirts at $10.25 cost to retail at $24.99
1,200 tank tops at $5.75 cost to retail at $14.99
a. Calculate the CMU% for this order.
b. If the buyer's markup plan for the month is 65.6%, what will the buyer need to do?
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
