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 A Markups LO
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 decimal places.
a After assessing the competitors, you determine that Leah needs to price her products with a markup percentage of The cost of her tank tops is $ and her pullovers is $ Determine the selling price for each of Leah's clothing items.
tableSelling priceTank tops,Pullovers
b Leah is ready to launch her yoga pants. You have determined that she should set her price below her competitor's price of $ Leah's cost to produce yoga pants is $ per unit. Determine the markup percentage on Leah's yoga pants.
tableMarkup percentageYoga pants,
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