5.4 MARKDOWN - Sale Price = Regular Selling Price(1...

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5.4 MARKDOWN Markup Markdown Price Regular Sale Price Paid By Selling or Retailer Price Clearance Price for or Consumer Break-Even Price or Discount Price Recall from 5.3 Selling price = Cost + Expenses + Profit S = C + E + P Markup (or margin) M = E + P Selling price = Cost + Markup S = C + M Markdown = markdown rate X Regular Selling Price Sale Price = Regular Selling Price – Markdown
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Unformatted text preview: Sale Price = Regular Selling Price (1 markdown rate) markdown rate = Markdown X 100% Regular Selling Price -------------------------------------------------------------------------------------------------Total Cost = Cost + Expenses Break-Even Price = Cost + Expenses Operating Profit/Loss = Sale Price (Cost + Expenses) Absolute Loss = Sale Price Cost...
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