Boat Hull Manufacturing produces boat parts at the manufacturing facility in Virginia. The managerial accountant reported that Boat Hull Manufacturing manufactures parts to nepair the container products from China. The main part that Boat Hull Manufacturing produces is the T24 part. The Port Department produces the T24 part at the Boat Hull Manufacturing facility in Virginia There is facility The managerial accountant reported the current market price of the T24 part is $1600 and reported the following manufacturing cost and expenses data Boat Hull Manufacturing Manufacturing Costs and Variable Expense Report T24 Part Direct materials $005 Direct labor $182 $110 Variable manufacturing overhead Fixed manufacturing overhead (ourrent production level) Variable selling expenses (only inourred on sales to outside consumers) $140 $80 What is the highest transfer price the seling division would receive, and the buying division would pay, for the T24 part? OA $1197 O B. $1277 O C. $905 O D. $1600