Sue Bee Honey is one of the largest processors of its product for the retail market. Assume that one of its plants has annual fixed costs totaling $$16,317,500,$ of which $$5,250,500$ is for administrative and selling efforts. Sales are anticipated to be $950,000$ cases a year. Variable costs for processing are $$35$ per case, and variable selling expenses are $10\%$ of selling price. There are no variable administrative expenses

If the company desires a pretax profit of $$9,000,000,$ what is the selling price per case?

Round answer to two decimal places.

Answer

price per case