question archive Chang imports initially sells a product at $100
Subject:AccountingPrice: Bought3
Chang imports initially sells a product at $100. During the month of August, Chang had the following markups and markdowns.
August 8 markup of $10
August 14 markup cancellation of $10
August 20 markdown of $5
August 28 markdown cancellation of $3
At what price is Chang selling the product at the end of August?