Question: Unit 7 - Chapter 11 Assignment Saved 14 Part 14 of 15 Required information {The following information applies to the questions displayed below.) 10 points

Unit 7 - Chapter 11 Assignment Saved 14 Part 14 of 15 Required information {The following information applies to the questions displayed below.) 10 points Cane Company manufactures two products called Alpha and Beta that sell for $185 and $120, respectively. Each product uses only one type of raw material that costs $5 per pound. The company has the capacity to annually produce 112,000 units of each product. Its average cost per unit for each product at this level of activity are given below: Alpha $ 30 22 20 Beta $ 10 29 13 Print Direct materials Direct labor Variable manufacturing overhead Traceable fixed manufacturing overhead Variable selling expenses Common fixed expenses Total cost per unit 24 26 20 23 $139 16 18 $112 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. 14. Assume that Cane's customers would buy a maximum of 88,000 units of Alpha and 68,000 units of Beta. Also assume that the raw material available for production is limited to 172,000 pounds. What total contribution margin will it earn? Total contribution margin
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