The children's buyer needs to average a 51% markup. He needs to purchase 300 dresses that...
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The children's buyer needs to average a 51% markup. He needs to purchase 300 dresses that will retail for $28,200 total. He has already placed an order for 148 dresses at $42.00 each (cost) that will retail for $90.00 each. What is the most that he can pay of each of the remaining dresses in order to obtain the 51% markup? Round to 2 decimal points. The children's buyer needs to average a 51% markup. He needs to purchase 300 dresses that will retail for $28,200 total. He has already placed an order for 148 dresses at $42.00 each (cost) that will retail for $90.00 each. What is the most that he can pay of each of the remaining dresses in order to obtain the 51% markup? Round to 2 decimal points.
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Heres how to find the maximum price per dress the buyer can pay Step 1 Calculate the total cost o... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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