Question: Cost markup pricing model QUESTION 3 [9 MARKS] The Hilux pickup truck is one of Toyotas' best-selling motor vehicles. Assist the supply chain manager of

Cost markup pricing model QUESTION 3 [9 MARKS] The Hilux pickup

Cost markup pricing model

QUESTION 3 [9 MARKS] 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]

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