The school store has purchased 72 T-shirts and 72 pairs of boxer shorts with the school's mascot and name on them. The cost was $5.75 each. The school store would like a total gross profit of $600, assuming all 144 items sell at that price. Create a table that shows:
-Choose two possible retail prices
-calculate the unit dollar markup and markup percentage based on the retail price for each
-compare each price's profitability by calculating the gross profit for each, assuming all items sell
-based on everything you know about cost-, demand-, and competition oriented pricing strategies, settle on a realistic price for the new items
-provide rationale for your answer

Question

alexavazquezestrada2 alexavazquezestrada2

04-11-2022
Mathematics

Answered

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The school store has purchased 72 T-shirts and 72 pairs of boxer shorts with the school's mascot and name on them. The cost was $5.75 each. The school store would like a total gross profit of $600, assuming all 144 items sell at that price. Create a table that shows:
-Choose two possible retail prices
-calculate the unit dollar markup and markup percentage based on the retail price for each
-compare each price's profitability by calculating the gross profit for each, assuming all items sell
-based on everything you know about cost-, demand-, and competition oriented pricing strategies, settle on a realistic price for the new items
-provide rationale for your answer

Sagot :

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please someone help me :)

Sagot :

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