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5. Opening inventory for a hardware store was $112,000 at retail with a markup of 52%. During the month.J purchases were received in the amount of $38,000 at cost which were marked up 56%. Find the cumulative markup percent for the department. 6. On April 1, the men's furnishings department had an opening inventory of $168,000 at cost with a markup of 48.5%. During the month the buyer purchased additional merchandise which cost $80,000 with a 52.5% markup. Determine the cumulative markup percent for the department at the end of April. 7. The buyer for Jayne's Fine Interiors received a report showing an opening inventory for August of $9 50,000 at cost with a markup of 52%. During the month, merchandise costing $400,000 with a 58% markup was received into the department. Find the cumulative markup percent for August. 8. The drapery department had net sales of $225,000 and gross cost of merchandise sold of $107,000. The department's cash discounts were $2,900 and alteration costs were $1,000. Determine the maintained markup percent and the gross margin percent. 9. Determine the maintained markup percent and gross margin percent for a department with the following gures: Net sales $3 50,000 Net purchases 13 5,600 Opening inventory 120,000 Closing inventory 82,000 Freight inward 6,400 Cash discounts 8,950 Alteration costs 4,950 10. Find the maintained markup percent and gross margin percent with the following gures: Net sales $450,000 Gross cost of merchandise sold 205,000 Cash discounts 6,125 Alteration costs 2 ,0? 5