Benton Company manufactures a part for its production cycle. The costs per unit ...
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Benton Company manufactures a part for its production cycle. The costs per unit for 38,000 units of the part are as follows:Per UnitDirect materials $3.00Direct labor 5.00Variable factory overhead 3.00Fixed factory overhead 4.00Total costs $15.00The fixed factory overhead costs are unavoidable. Assume no other use for the facilities. What is the highest price Benton Company should pay for the part from an outside supplier?