Product Pricing and Profit Analysis with Bottleneck Operations Hercules Steel Company produces three grades of steel: high, good, and regular grade. Each of these products (grades) has high demand in the market, and Heraleo is able to sell an mudi as t can produce of al threm. The furnace operation is a bottleneck in the process and is running at 100% of capacity. Hercules wants to improve steel operation profitability. The vanable corversion cos a s10 per process houe the fixed cos is $396,000. In addition, the cost analyst was able to determine the following information ahout tha three products: The furnace operation is part of the total process for each of these three products. Thus, for example, 3 of the 16 hours required to process High Grate steel are assocatad with the fumace. 1. Determine the unit contribution margin for each product. ? Provide an analysis to determine the relative produce prunkun.m, assuming that the furnace is a bottleneck