You are buying 300 sweaters from two vendors to retail at $50. a.If you sold 20 sweaters
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Question:
You are buying 300 sweaters from two vendors to retail at $50.
a.If you sold 20 sweaters in week 1, calculate the WOS and ST % for week 1.
b.If you sold 30 sweaters in week 2 with a POS markdown retail of $40, calculate the WOS, ST %, build, and markdown % to the customer and to the journal.
c.In week 3, you sold only 25 pieces at $40. Calculate the WOS, ST %, and build.
d.In week 4, you took a POS markdown to $25 and sold 60 pieces. Calculate the WOS, ST %, build, and markdown % to the customer and to the journal
Related Book For
Managerial Accounting A Focus on Ethical Decision Making
ISBN: 978-0324663853
5th edition
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
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