The Edwards Company has a maximum production capacity of $45$ comma $000$ units per year. For that capacity$$ level, fixed costs are $ $340$ comma $000$ per year. Variable costs per unit are $ $45.$ In the coming$$ year, the company has orders for $50$ comma $500$ units at $ $70.$ The company wants to make a minimum overall operating income of $ $170$ comma $000$ on these $50$ comma $500$ units.

Requirement

What maximum unit purchase price would Edwards Company be willing to pay to a subcontractor for the additional $5$ comma $500$ units it cannot manufacture itself to earn an operating income of $ $170$ comma $000?$