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The jewelry department had the opening inventory of $12.000 at cost with a markup of 55%. During the season, the department has purchased additional merchandise

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The jewelry department had the opening inventory of $12.000 at cost with a markup of 55%. During the season, the department has purchased additional merchandise worth 45,000 at tetan on which a 49% markup was applied. What is the cumulative markup of this department in dollars and percentage? (6 points) (The grid below may help your calculation.) Cost MU% Retail Opening inventory Purchase STD Total Merchandise Handled $Cumulative markup = Cumulative markup%=

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