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 $$14,400,000,$ of which $$5,400,000$ is for administrative and selling efforts. Sales are anticipated to be $800,000$ cases a year. Variable costs for processing are $$36$ per case, and variable selling expenses are $25$ percent 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