Backwoods Incorporated manufactures rustic furniture The cost accounting system estimates manufacturing costs to be $80 per table, consisting of 70% vai The company has surplus capacity available. It is Backwoods' policy to add a 50% markup to full cc Backwoods Incorporated is invited to bid on an order to supply 100 rustic tables. a. What is the lowest price Backwoods should bid on this one-time-only ( < b. A large hotel chain is currently expanding and has decided to decorate all new hotels u What is the lowest price per unit Backwoods should bid on this long-term c Include qualitative factors in your explanation of your decision-making for this case.