Mathematics, 28.06.2021 15:30 minaricks
A buyer for a local chain store has purchased Swim Apparel for the Spring Break Season.
SKU Cost Retail Units
Women's Swim bottoms $8.34 $18 450
Women's Bikini Tops $10.35 $23.00 450
Women's Swimming one- piece $26.74 $71.00 600
The buyer projects 70% Sell-Thru at full retail within the first 6 weeks. After the first 6 weeks, the store will take a 30% markdown on the Swim Apparel. Then 4 weeks later, they will take a final markdown of 50% on the remaining stock. The buyer expects that all remaining stock will sell at this clearance price.
Required:
a. What will be the new unit price for the Men's trunks after the first markdown?
b. For the Men's trunks, how many units of remaining inventory will be subject to the 30% markdown?
Answers: 1
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A buyer for a local chain store has purchased Swim Apparel for the Spring Break Season.
SKU Cost Re...
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