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The jewelry buyer is planning a Mother's Day promotion on bracelets. The buyer has purchased the following bracelets: 1200 silver charm bracelets at a cost

The jewelry buyer is planning a Mother's Day promotion on bracelets. The buyer has purchased the following bracelets: 1200 silver charm bracelets at a cost of $5.00, 900 beaded bracelets at a cost of $4.50 and 900 colored stone bracelets at a cost of $6.30. The markup goal for the promotion is 65.0%. What is the retail price that the buyer can sell the bracelets for?

 

Bracelets # Unit Units Cost 1200 $5.00 Silver charm Beaded 900 Colored Stone 900 Total $4.50 $6.30 Total Cost MU % Total Retail $ 65.0% Avg. Retail price per bracelet

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