B TU web X, X AA Paragraph Styles Dictate Sensitivity Cumulative Markup % 1. On June 1, a men's department has an opening inventory of $330,000 at retail with a markup of 53%. On September 30, the new purchases season-to-date amounted to $2,500,000 at retail with a 53.7% markup. Find the cumulative markup percentage achieved. Cost Retail MU% CC% Opening Inventory + Purchases STD IF TMH Maintained Markup% 2. The designer handbag department had the following figures for Spring 2018: 3.2% shortages; 17% markdowns; 6% employee discounts; and 53.6% initial markup percent. What was the maintained markup percent for the season? Retail Reduction % 3. The boys' department planned an initial markup of 55.5% and wanted to achieve a maintained markup of 47.5%. What should be the amount of retail reductions