Find the Total Cost of Merchandise Sold (dollar) for a depar…

Find the Total Cost of Merchandise Sold (dollar) for a department with the following figures: Net Sales                                       $875,000 Gross Margin                                $466,700 MMU%                47.21%

Using the following figures, determine retail dollar for Pur…

Using the following figures, determine retail dollar for Purchases:                                  Opening Inventory             Purchases Retail                             $110, 000 Cost                                                                        $75,000                                      Markup %                      64.00%                            56..50%