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24 TB MC Qu. 13-88 Overton Company uses cost-based transfer... 2 points eBook References Overton Company uses cost- based transfer pricing. Its Food Processing Division

24 TB MC Qu. 13-88 Overton Company uses cost-based transfer... 2 points eBook References Overton Company uses cost- based transfer pricing. Its Food Processing Division has a standard variable cost of $10.40 per case and allocated fixed overhead of $3.20. The Processing Division, which has excess capacity, sells its output to external customers for $13.90 per case. If Overton uses full (or absorption) cost as its base, the transfer price charged to its Retail Division should be

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