Foshie Corporation Is About to Launch a New Product, H16

Essay

Foshie Corporation is about to launch a new product, H16, whose variable cost is $104.30 per unit and that would require 6.00 centiliters of a key raw material that is the company's constrained resource. The opportunity cost of this raw material is $54.00 per centiliter used.
Required:
What advice would you give to the company concerning the price that should be charged for the new product H16?