*Remember to round Retail and Employee prices to the nearest $0.10 or $0.05
Store Inventory
Activity
Complete the Price List Sheet for all items (old and new) that the manager has asked you to order. Show all your work on a separate sheet of paper. Remember to refer to the Inventory Master List (page 241) and the Supplier Catalogue Listing (page 243). Use the rule of rounding to the nearest $0.10 or $0.05.
Check off the Essential Skills you used to complete this task on the Essential Skills Inventory Master List.
Price List Sheet (first entry is an example) Inventory Problem #
*Remember to round Retail and Employee prices to the nearest $0.10 or $0.05
| ITEM | WHOLESALE COST PER BOX/PACKAGE | WHOLESALE COST PER ITEM | MARK-UP (%) | RETAIL PRICE PER ITEM* | EMPLOYEE DISCOUNT (%) | EMPLOYEE PRICE PER ITEM* |
|---|---|---|---|---|---|---|
| Eraser | $2.25 | $2.25 ÷ 15 = $0.15 | 225% | $0.49 ~ $0.50 | 25% | $0.38 ~ $0.40 |