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Cane Company manufactures two products called Alpha and Beta that sell for $$120$ and $$80,$ respectively. Each product

uses only one type of raw material that costs $$6$ per pound. The company has the capacity to annually produce $100,000$

units of each product. Its average cost per unit for each product at this level of activity is given below:

The company's traceable fixed manufacturing overhead is avoidable, whereas its common fixed expenses are

unavoidable and have been allocated to products based on sales dollars.

Assume Cane's customers would buy a maximum of $80,000$ units of Alpha and $60,000$ units of Beta. Also assume the company's

raw material available for production is limited to $160,000$ pounds. If Cane uses its $160,000$ pounds of raw materials, up to how much

should it be willing to pay per pound for additional raw materials?

Note: Round your answer to $2$ decimal places.