Can you explain and what formula to use for this

Required information [The following information applies to the questions displayed below. j Cane Company manufactures two products called Alpha and Beta that sell for $150 and $110, respectively. Each product uses only one type of raw material that costs $5 per pound. The company has the capacity to annually produce 108,000 units of each product. its average cost per unit for each product at this level of activity are given below: Alpha Beta Direct materials $ 30 $ 15 Direct labor 26 22 Variable manufacturing overhead 13 11 Traceable fixed manufacturing overhead 22 24 Variable selling expenses 18 14 Common fixed expenses 21 16 Total cost per unit $136 $162 ' The company considers its traceable xed manufacturing overhead to be avoidable, whereas its common xed expenses are unavoidable and have been allocated to products based on sales dollars. 14. Assume that Cane's customers would buy a maximum of 86,000 units ofAIpha and 66,000 units of Beta. Also assume that the raw material available for production is limited to 210,000 pounds- What total contribution margin will it earn? Required information {The following infomarion applies to the questions displayed below} Cane Company manufactures two products called Alpha and Beta that sell for $150 and $110, respectively. Each product uses only one type of rawI material that costs $5 per pound. The company has the capacity to annually produce 108,0DO units of each product. its average cost per unit for each product at this level of activity are given below: Alpha Beta Direct materials 5 3B 5 15 Direct labor 26 22 Variable manufacturing overhead 13 11 Traceable fixed manufacturing overhead 22 24- Variable selling expenses 18 14- Common fixed expenses 21 16 Total cost per unit $136 $132 ' The company considers its traceable xed manufacturing overhead to be avoidable, whereas its common xed expenses are unavoidable and have been allocated to products based on sales dollars. 15. Assume that Cane's customers would buy a maximum of 86,000 units of Alpha and 66,0130 units of Beta. Also assume that the raw material available for production is limited to 2101300 pounds. It Cane uses its ll pounds of raw materials, up to how much should it be willing to pay per pound for additional rawI materials? [Round your answer to 2 decimal places}