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Required information The Foundational 15 (Algo) [LO13-2, LO13-3, LO13-4, LO13-5, LO13-6] The following information applies to the questions displayed below.] Cane Company manufactures two products

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Required information The Foundational 15 (Algo) [LO13-2, LO13-3, LO13-4, LO13-5, LO13-6] The following information applies to the questions displayed below.] Cane Company manufactures two products called Alpho and Beta that sell for $150 and $105, respectively. Each product uses only one type of raw material that costs $5 per pound. The company has the capocity to annually produce 107,000 units of each product. Its overoge cost per unit for each product at this level of activity is given below. The compony's traceable fixed manufacturing overhead is avoidable, whereas its common fored expenses are unaveidable and have been allocated to products based on sales dollars. Foundational 13-15 (Algo) 15. Assume Cane's customers would buy a maximum of 85,000 units of Aipha and 65,000 units of Beta. Also assume the company's raw material availoble for production is limited to 166,000 pounds. If Cane uses its 166.000 pounds of raw moterials, up to how much should it be willing to pay per pound for additional raw materials? Note: Round your answer to 2 decimal places. Required information The Foundational 15 (Algo) [LO13-2, LO13-3, LO13-4, LO13-5, LO13-6] The following information applies to the questions displayed below.] Cane Company manufactures two products called Alpho and Beta that sell for $150 and $105, respectively. Each product uses only one type of raw material that costs $5 per pound. The company has the capocity to annually produce 107,000 units of each product. Its overoge cost per unit for each product at this level of activity is given below. The compony's traceable fixed manufacturing overhead is avoidable, whereas its common fored expenses are unaveidable and have been allocated to products based on sales dollars. Foundational 13-15 (Algo) 15. Assume Cane's customers would buy a maximum of 85,000 units of Aipha and 65,000 units of Beta. Also assume the company's raw material availoble for production is limited to 166,000 pounds. If Cane uses its 166.000 pounds of raw moterials, up to how much should it be willing to pay per pound for additional raw materials? Note: Round your answer to 2 decimal places

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