3 The towel buyer has a budget planned for June of $500,000 at retail and requires a 58% markup. The first purchase of t
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3 The towel buyer has a budget planned for June of $500,000 at retail and requires a 58% markup. The first purchase of t
3 The towel buyer has a budget planned for June of $500,000 at retail and requires a 58% markup. The first purchase of towels 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? # Unit Total MU% Unit Total Markup $ towels Cost Cost Retail Retail 6,000 $11.0 S24.00 0 Balance 58.0% $500,000 1"purchase
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