Total cost $11,184

Total retail $18,220

Total profit $12,816

discount of 10% on the cost

$158 is prepaid for shipping

the new total cost $12144.40

1) Calculate the revised markup %

2) Calculate the cash discount to be received if the order received on March 10 and paid on April 10 with terms of 8/10 EOM

3) how much will be the freight amount ?

4) determine the amount to be paid to vendor ?

Note : Terms are 3/10-35X with a 3% cash discount

PURCHASE ORDERS Department Department # Start Ship Cancellation FOB 25-Feb-13 Terms 3/10-35X with a 3% cash discount 1-Nov-12 5 Style Number Color Units * Unit Cost Total Cost Unit Retail Total Retail Markup % 300 276 204 180 120 120 1200 $9.00 $2,700.00 $9.80 $9.80$1,999.20 $9.ool $9.00 $1,080.00 9.00 $1,080.00 55% 51% 51% 55% 5596 55% 53.40% #71553 8 #71553 9 #71553 White Black Red $20.00 $6,000.00 $20.00 $5,520.00 $20.00 $2,080.80 $2,704.80 $1.620.00! $20 ool .$1,980.00 o #71553 #71553 72 | #71553 73 TOTALS S3 Navy Gree Pink 1,620.00$20.00 $1.980.00 20.00 $1,320.00 $20.00 $1,320.00 $18,220.00 $12,816.00 $11,184.00 74