Question

The buyer for the housewares department purchased 40 blenders which retailed for $200 each. Eight blenders sold at the $200 price. For a special sales event, 32 remaining blenders were marked down to $140 each. Ten of the blenders were sold during the sale, and the remaining 22 blenders were marked back up to the original $200 unit price. All of the remaining blenders sold at the orignal price.
Required:
1. Calculate the total markdown dollars.

Answer 1

Answer:

The total markdown dollars is $1,920

Explanation:

According to the given data 32 remaining blenders were marked down to $140 each.

Therefore, to calculate the total markdown dollars we would have to make the following calculation according to the given data:

the total markdown dollars=32*($200-$140)

the total markdown dollars=32*$60

the total markdown dollars=$1,920

The total markdown dollars is $1,920