Required Information IThe following information applies to the questions displayed below.] Cane Company manufactures two products called Alpha and Beta that sell for $190 and $155, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 122,000 units of each product. Its unit costs for each product at this level of activity are given below: Alpha Beta 40 24 Direct materials 34 Direct labor 28 Variable manufacturing overhead 21 Traceable fixed manufacturing overhead 29 32 22 Variable selling expenses 26 29 Common fixed expenses Total cost per unit $179 $149 The company considers its traceable fixed manufacturing overhead to be avoidable, whereas its common fixed expenses are deemed unavoidable and have been allocated to products based on sales dollars