The Hilux pickup truck is one of Toyotas best-selling motor vehicles. Assist the supply chain manager of Toyota in conducting a cost analysis of their Hilux GR-Sport Double Cab pickup truck. Use the following information to compare the cost markup pricing model [4] with the margin pricing model [4] based on the total cost principle. Based on your findings, suggest which pricing model would yield the highest returns for Toyota [1]. Toyota Hilux GR-Sport Double Cab pickup truck product cost (per pickup truck) R500 000 Shipping and logistics cost (per pickup truck) R 18 000 Import taxes, tariffs and VAT (per pickup truck) R 48 000 Marketing and advertising costs (per pickup truck) R 2 000 Research and development cost (directly related to the manufacturing of the Toyota Hilux GR-Sport Double Cab pickup truck) R700 Number of Toyota Hilux GR-Sport Double Cab pickup trucks produced 1300 Ideal profit percentage 27%