In preparation for a buying trip, a buyer determined a 54% markup was required on all purchases which amounted to $750,000 at retail. Upon completion of the trip, the buyer reviewed the orders placed. At the end of the season, a vendor analysis revealed the sales results shown below:

Cost Initial retail Final retail

Resource A $ 25,000 $ 50,000 $ 50,000

Resource B 40,000 85,000 83,000

Resource C 60,000 135,000 130,000

Resource D 55,000 135,000 135,000

Resource E 75,000 170,000 167,000

Resource F 90,000 175,000 165,000

Total $345,000 $750,000 $730,000

(a.) Initial markup percentage for each resource.

(b.) Final markup percentage achieved for each resource