Use the information below to answer. If total sales are $18,800 what is the MD%? Style...
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Use the information below to answer. If total sales are $18,800 what is the MD%? Style # 1000 1200 1300 1400 QTY 120 150 144 96 Orig Retail $50.00 $38.00 $44.00 $54.00 Sale Price $29.99 $29.99 $29.99 $29.99 Sales were $250,000.0 for TY and $243,000.0 for LY. TY MD's are planned at 15.0% What will TY Markdowns be? Use the information below to answer. If total sales are $18,800 what is the MD%? Style # 1000 1200 1300 1400 QTY 120 150 144 96 Orig Retail $50.00 $38.00 $44.00 $54.00 Sale Price $29.99 $29.99 $29.99 $29.99 Sales were $250,000.0 for TY and $243,000.0 for LY. TY MD's are planned at 15.0% What will TY Markdowns be?
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Step 12 2 Sales for TY 250000 MD 15 Let Original price P 250000 P15P100 P 29411764 Sales for ... View the full answer
Related Book For
Managerial Accounting for Managers
ISBN: 978-0073527130
2nd edition
Authors: Eric Noreen, Peter Brewer, Ray Garrison
Posted Date:
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