A company has two divisions: Division X and Division Y. Both divisions are profit centres. Division X can produce plastic, Division Y needs 45,500 kilograms of plastic in order to manufacture different products. The market price is $6 per kilogram of plastic. The following costs pertain to Division X: Variable manufacturing costs per kilogram $3 Fixed manufacturing costs per kilogram 8 What is the minimum transfer price per kg that Division X would be willing to receive for the 45,500 kilograms sold to Division Y if Division X expects to be operating at full capacity this year? Input your answer as a number with two decimal places (for example, 12.34)