What markup percentage does the buyer need on the balance

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Reference no: EM133199566 , Length: 3 pages.

Discussion Post: Sweater Budget Marketing

The sweater buyer has a budget planned for June of $500,000 at retail and requires a 58% markup. The first purchase of sweaters is for 6,000 units with a cost of $11.00 and a retail of $24.00. What markup percentage does the buyer need on the balance to achieve the planned markup percentage?

 

Reference no: EM133199566

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