Question
eah Wells, a yoga instructor, started a company that sells athletic yoga clothing. You are Leahs marketing manager. (Do not round intermediate calculations and round
eah Wells, a yoga instructor, started a company that sells athletic yoga clothing. You are Leahs 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 $42 and her pullovers is $52. Determine the selling price for each of Leahs clothing items.
b. Leah is ready to launch her yoga pants. You have determined that she should set her price 30% below her competitors price of $122. Leahs cost to produce yoga pants is $51 per unit. Determine the markup percentage on Leahs yoga pants.
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