Hey, damping material isn't cheap from a manufacturers standpoint either.
$5 you say? (example, I know you didn't say anything about costs) Try loading 4-500 cabs a day with $5 worth of damping then get back to me. Damping material is relatively expensive for what it is, so $5 is a low ball.
I don't think it's acceptable from a buyers perspective, but from a quality point of view I can tell you all about it.
1. Commercial cabs start with the Acoustics guys coming down to the production QA booth to sine wave the newest and greatest. They develope a production standard from THE standard in a less than ideal environment (some mics placed a meter or so from the conveyor belt in an insulated chamber that run through a O scope).
2. Production begins, but the enclosures do not check to the standard. Instead of a fully lined enclosure, there's now only a strip of insulation stapled to the floor and partial back wall. Acoustics comes back down to approve the new specs. Clear sailing for this run.
3. Run no. 2. The speaker specs have changed, god help us if there's a new vendor. No new vendor, but the speakers are different. Acoustics takes a cab back to the lab, then returns with a thumbs up! Production can continue. Just rewrite the curve....
4. In the middle of this 600 PC run, the sine wave varies wildly! Acoustics is too busy to come by, so the production manager calls the QC chief to tell him the line has to run now! So, that's what happens. Turns out some wrong caps where inserted in the crossover assembly... That's what warranties are for.
Remember, business is about making a profit. Though, sometimes it tough to stomach.