Calculate the needed cost dollars and mark-up % for the new purchases to achieve the desired EOM
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Question:
Calculate the needed cost dollars and mark-up % for the new purchases to achieve the desired EOM CMU % (round to the nearest dollar)
Please include dollar signs ($), percentage symbols (%) and Commas (,) when applicable, and round percents one place to right of the decimal and dollars to the nearest whole dollar
Retail | Cost | MU% | |
BOM | $17,800 | 49.2% | |
Purchases | $30,500 | A. | B. |
EOM | 54.0% |
A: (Cost Purchases):
B: (MU% on Purchases):
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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