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Cane Company manufactures two products called Alpha and Beta that sell for $190 and $155, respectively. Each product uses only one type of raw material

Cane Company manufactures two products called Alpha and Beta that sell for $190 and $155, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 122,000 units of each product. Its unit costs for each product at this level of activity are given below:

Alpha Beta
Direct materials $ 40 $ 24
Direct labor 34 28
Variable manufacturing overhead 21 19
Traceable fixed manufacturing overhead 29 32
Variable selling expenses 26 22
Common fixed expenses 29 24
Total cost per unit $ 179 $ 149

The company considers its traceable fixed manufacturing overhead to be avoidable, whereas its common fixed expenses are deemed unavoidable and have been allocated to products based on sales dollars.

Required:
What contribution margin per pound of raw material is earned by Alpha and Beta? (Round your answers to 2 decimal places.)

Alpha Beta
Contribution margin per pound $ $

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