Luke Corporation produces a variety of products, each within their own division. Last year, the managers at Luke developed and began marketing a new chewing gum, Bubbs, to sell in vending machines. The product, which sells for $5.25 per case, has not had the market success that managers expected and the company is considering dropping Bubbs.

The product-line income statement for the past twelve months follows:

Revenue			$	14,682,150
Costs
Manufacturing costs	$	14,440,395
Allocated corporate costs (@5%)		734,108		15,174,503
Product-line margin			$	(492,353	)
Allowance for tax (@20%)				98,470
Product-line profit			$	(393,883	)

All products at Luke receive an allocation of corporate overhead costs, which is computed as 5 percent of product revenue. The 5 percent rate is computed based on the most recent years corporate cost as a percentage of revenue. Data on corporate costs and revenues for the past two years follow:

	Corporate Revenue		Corporate Overhead Costs
Most recent year	$	106,750,000	$	5,337,500
Previous year	$	76,200,000	$	4,221,000

Roy O. Andre, the product manager for Bubbs, is concerned about whether the product will be dropped by the company and has employed you as a financial consultant to help with some analysis. In addition to the information given above, Mr. Andre provides you with the following data on product costs for Bubbs:

Month	Cases	Production Costs
1	207,000	$	1,139,828
2	217,200		1,161,328
3	214,800		1,169,981
4	228,000		1,185,523
5	224,400		1,187,827
6	237,000		1,208,673
7	220,200		1,183,699
8	247,200		1,226,774
9	238,800		1,225,226
10	252,600		1,237,325
11	250,200		1,241,760
12	259,200		1,272,451

Required:

(a)

Bunk Stores has requested a quote for a special order of Bubbs. This order would not be subject to any corporate allocation (and would not affect corporate costs). What is the minimum price Mr. Andre can offer Bunk without reducing profit any further? (**NOTE - This problem requires that you perform a regression analysis in MS Excel offline. Round your answer to 2 decimal places, and omit the "$" sign in your response.) Need step by step on what to imput into Microsoft excel