original retail of $39.00 Calculate the following: Total markdown in dollars for the promotion. Total sales generated for the Mother’s Day event. Total markdown percentage for the Mother’s Day sale event.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Question
For Mother’s Day, the handbag buyer planned a point-of-sale promotion at 25% off for straw handbags. Here is a record of what sold during the promotion: 100 handbags with an original retail of $49.00 200 handbags with an original retail of $39.00 Calculate the following: Total markdown in dollars for the promotion. Total sales generated for the Mother’s Day event. Total markdown percentage for the Mother’s Day sale event.
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