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Cane Company manufactures two products called Alpha and Beta that sell for $150 and $105, respectively. Each product uses only one type of raw material

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Cane Company manufactures two products called Alpha and Beta that sell for $150 and $105, respectively. Each product uses only one type of raw material that costs $5 per pound, The company has the capacity to annually produce 107,000 units of each product. Its average cost per unit for each product at this level of activity are given below: 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 en sales dollars. 5. Assume that Cane's customers would buy a maximum of 85,000 units of Alpha and 65,000 units of Beta. Also assume that the ompany's raw material avallable for production is limited to 166,000 pounds if Cane uses its 166,000 pounds of raw materials, up to low much should it be willing to pay per pound for additional raw materials? (Round your answer to 2 decimal places.)

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