Hoosier Inc. makes and sells its own widgets. Its selling p…
Hoosier Inc. makes and sells its own widgets. Its selling price is $35.00 per unit, with a contribution margin of $14.00 per unit. Hoosier has received a special order from a competitor (Purdue) to make 12,000 units. Hoosier only has enough idle capacity to make 8,000 additional units. Purdue insists that Hoosier deliver ALL 12,000 units, NOT 8,000 units. After detailed analysis, Hoosier knows that for this decision, its relevant manufacturing costs are $10.00 per unit. If Hoosier accepts this opportunity, what is the minimum price it should charge for these 12,000 units in order to cover all its costs? (Round your calculations to the nearest $0.01 (cent) and select the answer closest to your calculations.)