Question: Problem 5 - 6 A Markups LO 5 Leah Wells, a yoga instructor, started a company that sells athletic yoga clothing. You are Leah's marketing

Problem 5-6A Markups LO5
Leah Wells, a yoga instructor, started a company that sells athletic yoga clothing. You are Leah's marketing manager. (Do not round intermediate calculations and round your final answers to 2 decimal places.)
a. After assessing the competitors, you determine that Leah needs to price her products with a markup percentage of 60%. The cost of her tank tops is $46 and her pullovers is $56. Determine the selling price for each of Leah's clothing items.
\table[[,Selling price],[Tank tops,],[Pullovers,]]
b. Leah is ready to launch her yoga pants. You have determined that she should set her price 30% below her competitor's price of $126. Leah's cost to produce yoga pants is $53 per unit. Determine the markup percentage on Leah's yoga pants.
\table[[,Markup percentage],[Yoga pants,%
 Problem 5-6A Markups LO5 Leah Wells, a yoga instructor, started a

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