A ski shop bought 100 pairs of skis for $105.00 per pair and sold 60 pairs...

 

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A ski shop bought 100 pairs of skis for $105.00 per pair and sold 60 pairs for the regular selling price of $295.00 per pair. The remaining skis were sold during a clearance sale for $180.00 per pair. Overhead is 40% of the regular selling price. Determine a. The markup, the overhead, and the profit per pair of skis sold at regular price; b. The markup, the overhead, and the profit per pair of skis sold during clearance sales; c. The total profit realized. A ski shop bought 100 pairs of skis for $105.00 per pair and sold 60 pairs for the regular selling price of $295.00 per pair. The remaining skis were sold during a clearance sale for $180.00 per pair. Overhead is 40% of the regular selling price. Determine a. The markup, the overhead, and the profit per pair of skis sold at regular price; b. The markup, the overhead, and the profit per pair of skis sold during clearance sales; c. The total profit realized.

Answer rating: 100% (QA)

a The markup the overhead and the profit per pair of skis sold at the regular price Markup per pair ... View the full answer