The swimwear department's estimated sales for the summer season were $800,000, with anticipated markdowns of 15%. At the end of the season, the buyer had taken $110,000 in markdowns. Were the actual dollar markdowns taken more or less than planned? Compare the estimated markdowns to the actual markdowns in both dollars and percentage.

Answer rating: 100% (QA)

Markdown Comparison Planned vs Actual Planned Markdowns Est... View the full answer