Hawthorne Chemical has developed a new lawn fertilizer that would require a $ 2 million investment. They are projecting volume of 2,000 bags of the special fertilizer at a selling value of $225 per bag. Variable costs (excluding materials) are projected to be $20 per bag and fixed costs of $60,000 per year are anticipated. Each bag would require 2 pounds of material. What is the maximum price they could pay per pound of material if their ROI target was Each bag would require 2 pounds of material. 15%