1. Shamrock Industries has two divisions, the D division and the J division. Information about a component that the D division produces is as follows:

Revenue $99 per unit Variable manufacturing costs $27 per unit Fixed manufacturing overhead $16 per unit Expected sales in units 6,890 units

The D division can produce up to 7,930 components per year. The J division needs 410 units of the component for a product it manufactures.

Determine the minimum transfer price that the D division would accept.

Minimum transfer price $_______