eBook Show Me How Product Cost Markup Percentage Green Thumb Garden Tools Inc. produces and sells home and garden tools and equipment. A lawnmower has a total cost of $230 per unit, of which $160 is product cost and $70 is selling and administrative expenses. In addition, the total cost of $230 is made up of $120 variable cost and $110 fixed cost. The desired profit is $58 per unit. Determine the markup percentage on product cost. Bottleneck Profit Product K has a unit contribution margin of $120. Product Lhas a unit contribution margin of $100. Product Krequires five furnace hours, while Product L requires four furnace hours Determine the unit contribution margin per production bottleneck hour for each product, assuming the furnace is a bottleneck constraint. Product K Product is the most profitable in using bottleneck resources