Macy’s purchases model 505 straight-leg, blank ink denim jeansfor women from Levis Straus & Co and sells them to consumers in185 store locations across 35 U.S. states. Levis Straus & Co’scost-of-goods-sold for each pair of these model 505 straight-leg,blank ink denim jeans for women is $21.85. Levis Straus & Cosells these model 505 jeans to Macy’s for $34.50 each. Macy’sin-turn sells each pair of these jeans to consumers for a suggestedretail price of $58.49.
What is Macy’s mark-up, is $US dollars and %, on each pair ofmodel 505 straight-leg, blank ink denim jeans for women from LevisStraus & Co sold at the suggested retail price? Assume Macy’sincludes model 505 straight-leg, blank ink denim jeans for womenfrom Levis Straus & Co in the end-of-year sale (November 1st toDecember 31st) when every item in the store is discounted by 17.5%off the suggested retail price.
What is the discounted price Macy’s customers will pay for model505 straight-leg, blank ink denim jeans for women from Levis Straus& Co? What is Macy's revised Mark-Up % after applying the 17.5%discount? Assume Macy’s sells-through a quantity of 21,333 model505 straight-leg, blank ink denim jeans for women at the discountedprice during the end-of-year sale.
What is the total revenue and, separately, gross margin in $USdollars, for Levis Straus & Co?
What is the total revenue and, separately, mark-up in $USdollars, for Macy’s?
