2) The dress buyer bought 280 little black dresses to retail at $108.00. At this regular...
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2) The dress buyer bought 280 "little black dresses" to retail at $108.00. At this regular price, only 55 were sold. The buyer then took a permanent markdown to $69.99. At $69.99, 110 dresses were sold. The buyer then took another permanent markdown to $49.99 and 80 were sold. (5 pts) Calculate the following: Orig Retail New Retail Unit MD $ Units OH Total MD$ Sold TTL Sales a) Total permanent markdown $'s taken (2pts) b) Total sales generated (2pts) c) Total markdown % for this sale (1 pt) REG 1st MD 2nd MD TOTAL 2) The dress buyer bought 280 "little black dresses" to retail at $108.00. At this regular price, only 55 were sold. The buyer then took a permanent markdown to $69.99. At $69.99, 110 dresses were sold. The buyer then took another permanent markdown to $49.99 and 80 were sold. (5 pts) Calculate the following: Orig Retail New Retail Unit MD $ Units OH Total MD$ Sold TTL Sales a) Total permanent markdown $'s taken (2pts) b) Total sales generated (2pts) c) Total markdown % for this sale (1 pt) REG 1st MD 2nd MD TOTAL
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Answer rating: 100% (QA)
Total Cost Price 150 x 109 16350 Selling Price of 35 dresses 109 x 35 3... View the full answer
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