Pitman Chemical Company manufactures and sells Goody, a productthat sells for 10 per pound. The manufacturing process alsoyields 1 pound of a waste product, called Baddy, in the productionof every 10 pounds of Goody. Disposal of the waste productcosts 1 per pound. During March, the company manufactured200,000 pounds of Goody. Total manufacturing costs were asfollows: Directmaterials 232,000 Directlabor 120,000 Manufacturing support costs 60,000 Totalcosts 412,000 a. Determine the cost per pound of Goody.