Total cost data follow for Glendale Manufacturing Company, which has a normal capacity per period of 8,000 units of product that sell for $60 each. For the foreseeable future, regular sales volume should continue to equal normal capacity.

Make or Buy Differential Analysis Cost to purchase tops Costs avoided by purchasing tops: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead 0 Net advantage (disadvantage) to purchase alternative b. Assuming that the production capacity released by purchasing the tops could be devoted to a subcontracting job for another company that netted a contribution margin of $41,600, what maximum purchase price could Allen Corporation pay for the tops? Round answer to two decimal places, if applicable