Toyota Motor Corporation (TM) uses target costing. Assume that Toyota marketing personnel estimate that the competitive selling price for the Camry in the upcoming 20% profit margin on selling price (which is equivalent to a 25% markup on total cost). a. What price will Toyota establish for the Camry for the upcoming model year? 4 b. Since the estimated manufacturing cost the target cost, Toyota its total costs to maintain competitive pricing within its profit objectives. Product K has a unit contribution margin of $120. Product L has a unit contribution margin of $100. Product K requires 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 L$ is the most profitable in using bottleneck resources. Feedback Theck My Work For each product, determine the unit contribution margin per bottleneck hour by dividing the unit contribution margin by the furnace hours per unit