Question: Cumulative Markup Application Practice Problems 1 7 . The jewelry buyer wants to spend $ 2 5 , 0 0 0 at retail. The department

Cumulative Markup Application Practice Problems 17. The jewelry buyer wants to spend $25,000 at retail. The department maintains a 76.7% markup. The buyer needs a minimum of 600 pairs of earrings to cover each branch with an adequate assortment. a. What should be the retail price per pair?
Retail Budget Units Retail Price $25,000600 b. What should be the cost per pair? Retail Cost % Cost Price $25.00

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