2. For each brand in the following table, calculate the manufacturer's selling price (MSP), the per un margin, and the gross margin as a percentage of MSP Brand X Brand Y MSRP Volume Discount Promotion Allowance Unit Cost MSP Per Unit Margin Gross Margin % $5.29 30% 15% $1.18 2.91 1.73 59.5% $4.99 35% 12% 0.74 2.65 1.91 72.1 For large retailers, the MSP represents their product cost, which they will mark up to set the retail price. If the retailer has a target margin of 25%, what would the retail prices be for the brands in question 2? Brand X Retail Price- Brand Y Retail Price