TB MC Qu. 13A-44 (Algo) Hennig Plastics Equipment Corporation has developed... Hennig Plastics Equipment Corporation has developed a new injection mold-model XP-30-that has been designed to outperforma competitor's best-selling injection mold. Model XP,30 has a useful life of 88,000 hours of service and its operating cost is $1.20 per hour. in contrast. the competitor's product has a usefullife of 44,000 hours of service and has operating costs that average $210 per hour. The competitor's injection mold sells for $179,000 Hennig has not yet established a selling price for model P.30 From a value-based pricing standpoint what is XP.30's economic value to the customer over its 88,000 hour useful life