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Abica Coffee Company produces Columbian coffee in batches of 6,000 pounds. The standard quantity of materials required in the process is 6,000 pounds, which cost

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Abica Coffee Company produces Columbian coffee in batches of 6,000 pounds. The standard quantity of materials required in the process is 6,000 pounds, which cost $5.00 per pound. Columbian coffee can be sold without further processing for $7.40 per pound. Columbian coffee can also be processed further to yleld Decaf Columbian, which can be sold for S 11.00 per pound. The process g into Decaf Columbian requires additional processing costs of S 12,150 per batch. The additional processing will also cause a 4% loss of product due to evaporation Decaf Columbian. Round your answer c. Determine the price of Decaf Columbian that would cause neither an advantage nor a disadvantage for processing further and selling to the nearest cent 1.11 X per pound

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