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Stefanovich company manufactures three products AB and The seting price variable costs and contribution margin for one unit of each product follow Product $180 $

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Stefanovich company manufactures three products AB and The seting price variable costs and contribution margin for one unit of each product follow Product $180 $ 280 $240 BO 32 Setting price Variable expenses Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin 24 102 100 148 100 5 $ 54 $100 301 3571 25 The same raw material is used in the products. The company has only 6.600 pounds of raw material on hand and will not be able to obtain any more of it for several weeks due to a strike in its supplier's plant Management is trying to decide which products) to concert on next week in ing backlog of orders. The material costs $8 per pound A foreign supplier could furnish the company with additional stocks of the raw material at a wbstantial premium over the usual price. Assuming the company's estimated customer demand is 500 units per product line and that the company has used its 6.600 pounds of raw material in an optimal fashion, what is the highest price the company should be willing to pay for an additional pound of materials Multiple Choice $10 $18

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