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In 2019, AllieCORP introduced a 12-ounce shampoo named BabySoft. For 2021, the company is considering a new 8 ounce bottle of their flagship product. The

In 2019, AllieCORP introduced a 12-ounce shampoo named BabySoft. For 2021, the company is considering a new 8 ounce bottle of their flagship product. The suggested retail price will be $6.95. The retailers margin for the product is 35% and wholesalers receive a margin of 13%. The variable cost per can is $0.625. Calculate BabySofts contribution per ounce.

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