$ 24 Cane Company manufactures two products called Alpha and Beta that sell for $210 and $172, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 128,000 units of each product. Its average cost per unit for each product at this level of activity are given below. Alpha Beta Direct materials $ 40 Direct labor 38 34 Variable manufacturing overhead 23 Traceable fixed manufacturing overhead Variable selling expenses 30 Common fixed expenses 33 28 Total cost per unit $ 199 $ 171 The company considers its traceable fixed manufacturing overhead to be avoidable, whereas its common fixed expenses are unavoidable and have been allocated to products based on sales dollars. 25 33 36 26 Foundational 11-9 (Algo) 9. Assume that Cane expects to produce and sell 98,000 Alphas during the current year. A supplier has offered to manufacture and dellver 98,000 Alphas to Cane for a price of $152 per unit. What is the financial advantage (disadvantage) of buying 98,000 units from the supplier instead of making those units? 10. Assume that Cane expects to produce and sell 73,000 Alphas during the current year. A supplier has offered to manufacture and deliver 73,000 Alphas to Cane for a price of $152 per unit. What is the financial advantage (disadvantage) of buying 73,000 units from the supplier instead of making those units? 11. How many pounds of raw material are needed to make one unit of each of the two products? Alpha Beta Pounds of raw materials per unit 12. What contribution margin per pound of raw material is earned by each of the two products? (Round your answers to 2 decimal places.) Alpha Beta Contribution margin per pound 13. Assume that Cane's customers would buy a maximum of 98,000 units of Alpha and 78,000 units of Beta. Also assume that the raw material available for production is limited to 248,000 pounds. How many units of each product should Cane produce to maximize its profits? Alpha Beta Units produced 14. Assume that Cane's customers would buy a maximum of 98,000 units of Alpha and 78,000 units of Beta. Also assume that the raw material available for production is limited to 248,000 pounds. What is the total contribution margin Cane Company will earn? Total contribution margin 15. Assume that Cone's customers would buy a maximum of 98,000 units of Alpha and 78,000 units of Beta. Also assume that the company's raw material available for production is limited to 248,000 pounds. If Cane uses its 248,000 pounds of raw materials, up to how much should it be willing to pay per pound for additional raw materials? (Round your answer to 2 decimal places.) Maxmum price to be paid per pound