html Chap 10 &11: HmWrk (Part O) Saved Help Save & Exit Submit 0 You skipped this question in the previous attempt. Check my work Cane Company manufactures two products called Alpha and Beta that sell for $150 and $110, respectively. Each product uses only one type of raw material that costs $5 per pound. The company has the capacity to annually produce 108,000 units of each product. Its average cost per unit for each product at this level of activity are given below Part 12 of 15 Alpha Beta S 30 $ 15 Direct materials Direct labor Variable manufacturing overhead Traceable fixed manufacturing overhead Variable selling expenses Common fixed expenses Total cost per unit 26 13 0.55 points 18 21 24 14 16 032327 130 $102 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 Print 12. What contribution margin per pound of raw material is earned by each of the two products? (Round your answers to 2 decimal Reterencesplaces.) Contribution margin per pound Prev15 16 17 18 o 18Next ) 8:35