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Required information [The following information applies to the questions displayed below] Cane Company manufactures two products called Alpha and Beta that sell for $150 and

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Required information [The following information applies to the questions displayed below] Cane Company manufactures two products called Alpha and Beta that sell for $150 and $110, respectively. Each product uses only one type of raw moterial thet masts $5 per pound. The company has the capacity to annually produce 108,000 units of each product. its average cos unit for each product at this level of activity are given below: The company considers its traceable fixed manufacturing overhead to be avoidable, whereas its common fixed expenses are unavoidable and have been allocated to products based on sales dollars. 15. Assume that Cane's customers would buy a maximum of 86,000 units of Alpha and 66.000 units of Beta. Also assume that the company's raw material avaliable for production is limited to 210,000 pounds. If Cane uses its 210,000 pounds of raw materials, up to how much should it be willing to poy per pound for additional raw materials? (Round your answer to 2 decimal places.)

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