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Problem 5-6A Markups LOS Leah Wells, a yoga instructor, started a company that sells athlebc yoga clothing. You are Leah's maketing manager, (Do not round

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Problem 5-6A Markups LOS Leah Wells, a yoga instructor, started a company that sells athlebc yoga clothing. You are Leah's maketing manager, (Do not round intermediote colculations and round your finel answers to 2 decimal ploces.) a. After assessing the competitors, you determine that Leah needs to price her products with a markup petcentage of 60%. The cost of her tank tops is $52 and her pullovers is $62. Determine the selling price for each of Leah's clothing ifems. b. Leah is ready to launch her yoga pants, You hove determined that she should set her price 30 s below her competitor's paice of $132 Leah's cost to produce yoga pants is $56 per unit. Determine the markup percentage on Leah's yoga pants c. Calculate the gross profit margin for tank tops, pullovers, and yoga pants: d. After a year, you determine that Leah should set a standard target margin percentage of 45% on all products. Determine the new prices for tank tops, pullovers, and yoga pants

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