Question: 10 1 pts You might get different values each time you answer this question. Nime fabricates the following car roof top carrying racks for ski
10 1 pts You might get different values each time you answer this question. Nime fabricates the following car roof top carrying racks for ski equipments: Series 1, Series 2, Series 3, and Series 4. The finished products are stored in a warehouse before being shipped to customers at the end of each month. The demand per month, selling price, parts costs, labor costs, and the warehouse space needed per unit are shown in the following table. Series Selling Parts Labor Monthly Needed price costs costs demand Warehouse Space (sq ft / unit) 1 $95 $28 $16 81 4 2 $150 $49 $28 70 1 3 $100 $38 $25 35 18 4 $77 $31 $7 16 Currently the warehouse is almost full to the capacity so there is not enough room to store all the racks according to the demand. What is the contribution margin per square foot warehouse space for series 3? Round to the nearest cent if necessary
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