Question

Chapter 10.3-Pricing Gross margin 1. You are the owner of Enchantment Boutique, a retail store targeting millennial women. Tw
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Answer #1

a.

Total Gross Margin = 2625

B8 fc =B6-B3 B 200 - x Α 1 Number of skirts 2 Cost price of each skirt 3 Total Cost Price 4. Selling Price 5 Number of skirts

B8 - X =B6-B3 Fx B. 200 15 1 Number of skirts 2 Cost price of each skirt 3 Total Cost Price 4. Selling Price 5 Number of skir

b.

B8 - x fc =B6*B7 B 200 15 =B1*B2 35 1 Number of skirts 2 Cost price of each skirt 3 Total Cost Price 4 Suggested Selling Pric

B8 =B6*B7 200 15 3000 A 1 Number of skirts 2 Cost price of each skirt 3 Total Cost Price 4 Suggested Selling Price 5 Actual S

c.

B4 - : x fc =B3/B1 А 1 Actaul Selling Price (Marked Price) 2 Discounted Price 3 Discount 4 Markdown in % 30 22.5 =B1-B2 =B3/B

B4 - X Fx =B3/B1 B 1 Actaul Selling Price (Marked Price) 2 Discounted Price 3 Discount 4 Markdown in % 22.5 7.5 25%

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