Question: Part I: Cost - Oriented Method / Markup Pricing ( 5 points ) If a vacuum cleaner costs $ 8 0 for XYZ retailer who

Part I: Cost-Oriented Method/Markup Pricing (5 points) If a vacuum cleaner costs $80 for XYZ retailer who is planning for 60% markup based on retail, (1) What would be the retail price of the vacuum cleaner? (2) What would be the markup dollars? Part II: Break Even Analysis (5 points) The Limited is planning a new line of leather jackets for fall. It plans to retail the jackets for $100. It is having the jackets produced in the Dominican Republic. Although The Limited does not own the factory, its product development and design costs are $400,000. The total cost of a jacket, including transportation to the stores, is $45.(1) What is its break-even point in units and sales dollars? Keep in mind that you cannot sell a partial unit. (2) For this line to be successful, the Limited needs to make $900,000 profit. How many units does the company have to sell to not just break-even but to make the amount of profit? Again, keep in mind that you cannot sell a partial unit.

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