iRubric: FM10 Retail Math Calculations rubric

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FM10 Retail Math Calculations FM20 Cost Sheets Calculate Retail Markup and Markdown Percentages using industry calculation methods Rubric Code: JX294B7 By murphyd Ready to use Public Rubric Subject: Vocational Type: Assignment Grade Levels: Undergraduate

Retail Math Calculations
	Needs Improvement 0.6 pts	Good 0.7 pts	Above Average 0.8 pts	Excelling 1 pts
MarkupCalculations 20 pts Accuracy of calculations of Retail Price, Cost Price, Markup Dollars and Markup Percent	Needs Improvement Several calculations are incorrect	Good Some calculations are correct; yet more than two errors are present	Above Average Most calculations are correct; may have one or two minor errors	Excelling All calculations are correct
Markdown Calculations 20 pts Accuracy of calculations of Markdown Dollars, New Retail Price and Markdown Percent	Needs Improvement Several calculations are incorrect	Good Some calculations are correct; yet more than two errors are present	Above Average Most calculations are correct; may have one or two minor errors	Excelling All calculations are correct
Word Problems 20 pts Accuracy of calculations; able to write formulas	Needs Improvement Several calculations are incorrect	Good Some calculations are correct; yet more than two errors are present	Above Average Most calculations are correct; may have one or two minor errors	Excelling All calculations are correct