A firm uses negotiated transfer prices to transfer costs from the Seller Department and the Buyer Department. Buyer Department uses a key input from Seller Department. Buyer Department can buy this good from the external market for $117 per unit.

Seller Department assigned the following per unit costs to each unit of producing this input.

• Direct materials: $21 per unit
• Direct labor: $28 per unit
• Variable overhead: $23 per unit
• Fixed overhead: $12 per unit

Seller Department has limited capacity.

• Capacity: 1,000 units per period
• Current external market sales: 500 units (at a price of $97 per unit) per period
• Buyer Department demand: 700 units per period

What is the price floor (round final answers to nearest cent if necessary)?