XYZ Corp. makes three different types of sails for sailboats…
XYZ Corp. makes three different types of sails for sailboats. Data concerning the three types of sails appear below: Main Jib Genoa Selling price per unit $ 2,200 $ 1,200 $ 4,000 Variable cost per unit $ 700 $ 450 $ 2,300 Square feet of fabric per unit 20 6 Assume that sufficient fabric is available to satisfy demand for all but the least profitable product. Up to how much per square foot should the company be willing to pay to acquire more of the fabric? (round your answer to two decimal places)