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Required information The Foundational 15 (Algo) [LO11-2, LO11-3, LO11-4, LO11-5, LO11-6] [The following information applles to the questions displayed below] Cane Company manufactures two products called Alpha and Beta that sell for \$155 and \$115, respectively, Each product uses only one type of raw material that costs $6 per pound. The company has the capacity to annually produce 110,000 units of each product. its average cost per unit for each product at this ievel of activity are given below: The company considers its traceable fixed manufacturing overhead to be avoidable, whereas its common fixed expenses are unavoldable and have been allocated to products based on sales dollars. Foundational 11-12 (Algo) 12. What contribution margin per pound of raw material is earned by each of the two products? (Round your answers to 2 decimal places.)