Furniture City bought chairs for $80.00 less 3381/3%,21%, and 12%. The store's overhead is 63% of cost and net profit is 23% of cost.
( Do not include $ signs or \% signs in your answers. All dollar values must be correct to 2 decimals.)
a.) How much does the store pay for the chairs? b.) What is the regular selling price of the chairs? c.) What is overhead equal to? d.) What would 3381/3% of overhead be equal to? e.) What would the break-even price be? f.) At what price can the chairs be put on sale so that the store incurs an operating lost of no more than 3381/3% of the overhead? (i.e. this is a below break-even price.) g.) What is the maximum rate of markdown at which the chairs can be offered for sale in part (f)? (Correct to 2 decimal places)