Cane Company manufactures two products called Alpha and Beta that sell for $195 and $150, respectively. Each product uses only one type of raw material that costs $5 per pound. The company has the capacity to annually produce 123,000 units of each product. Its average cost per unit for each product at this level of activity are given below: Alpha Beta Direct materials $ 40 $ 15 Direct labor 34 28 Variable manufacturing overhead 22 20 Traceable fixed manufacturing overhead 30 33 Variable selling expenses 27 23 Common fixed expenses 30 25 Total cost per unit $ 183 $ 144 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. 15. Assume that Canes customers would buy a maximum of 95,000 units of Alpha and 75,000 units of Beta. Also assume that the companys raw material available for production is limited to 245,000 pounds. If Cane uses its 245,000 pounds of raw materials, up to how much should it be willing to pay per pound for additional raw materials? (Round your answer to 2 decimal places.)