Answer Happy

Posted: **Mon Nov 15, 2021 5:18 pm**

: 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 1 (19.1 KiB) Viewed 77 times

: 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 2 (19.1 KiB) Viewed 77 times

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