Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 27 Feb 2018 My Price 4.00

pre-Christmas sale.

A hosiery buyer plans to purchase 7,200 pairs of socks for a pre-Christmas sale. The unit retail price is planned at $7.50, and the markup goal for the purchase is 59%. The buyer purchases 4,800 pairs at the Sock Company showroom, at a cost of $3.15 each.

a. What is the maximum total cost the buyer can pay for the balance of the total purchase?

b. What will be the average cost per pair for the socks (2400 socks) yet to be purchased?

 
 

Answers

Maurice Tutor
(5)
Status NEW Posted 27 Feb 2018 09:02 PM My Price 4.00

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