Cane Company manufactures two products called Alpha and Beta that sell for $175 and $135, respectively. Each product uses only one type of raw material that costs $5 per pound. The company has the capacity to annually produce 117,000 units of each product. Its average cost per unit for each product at this level of activity are given below: Alpha Beta $ 15 30 16 29 19 21 $130 $ 40 30 18 26 23 26 $163 Direct materials Directlabor Variable manufacturing overhead Traceable fixed manufacturing overhead Variable selling expenses Common fixed expenses Total cost per unit The company considers its traceable fixed manufacturing overhead to be avoidable, whereas its common fixed expenses are unavoidable and have been allocated to products based on sales dollars 8. Assume that Cane normally produces and sells 71,000 Betas and 91,000 Alphas per year. If Cane discontinues the Beta product line, its sales representatives could increase sales of Alpha by 11,000 units. What is the financial advantage (disadvantage) of discontinuing the Beta product line? 11. How many pounds of raw material are needed to make one unit of each of the two products? Beta Alpha Pounds of raw materials per unit What contribution margin per pound of raw material is earned by each of the two products? (Round your answers to 2 decimal places.) Beta Alpha Contribution margin per pound