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the-sweater-buyer-has-a-budget-planned-for-june-of-500-000-at-retail-and-requires-a-58-markup-the-first-purchase-of-sweate-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-a

the-sweater-buyer-has-a-budget-planned-for-june-of-500-000-at-retail-and-requires-a-58-markup-the-first-purchase-of-sweate-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-a

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?SHOW CALCULATIONS.

Answerar provided by instructor: MU% needed on future purchase: 59.6%

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