The Anderson Company has a maximum production capacity of 50,000 units per year. For that capacity level, fixed costs are $370,000 per year. Variable costs per unit are $70. In the coming year, the company has orders for 55,500 units at $95. The company wants to make a minimum overall operating income of $160,000 on these 55,500 units. Requirement What maximum unit purchase price would Anderson Company be willing to pay to a subcontractor for the additional 5,500 units it cannot manufacture itself to earn an operating income of $160,000? Determine the maxiumum total cost to Anderson Company of producing the 55,500 units while earning an operating income of $160,000. Total costs to produce 55,500 units is