1. A december promotion of 1,500 crystal bud vases to retail at $40 each is planned. the buyer requires a 48.5% average markup and has made an initial purchase consisting of 1,200 units costing $23 each. what is the cost to be paid on each remaining unit?
2. A houseware buyer plans a $15,000 promotion of decorative stepstools to retail at $25 each at a 48% markup. A local manufacturer supplies 500 stools for $14 each. What markup percentage must be obtained on the remainder of the planned purchase to reach the markup goal?
3. An off-price buyer purchases closeouts of 400 pairs of men's jeans, 280 costing $24 each and 120 pairs costing $27 each. If a 54% markup is targeted, what would be the average unit retail price on the jeans?