Pitman Chemical Company manufactures and sells Goody, a productthat sells for $10 per pound. The manufacturing process also yields1 pound of a waste product, called Baddy, in the production ofevery 10 pounds of Goody. Disposal of the waste product costs $1per pound. During March, the company manufactured 200,000 pounds ofGoody. Total manufacturing cots were as follows:

Directmaterials $232,000

Directlabor 120,000

Manufacturing supportcost 60,000

Totalcosts $412,000

Determine the cost per pound of Goody