Check my work Part 1 of 2 Required information (The following information applies to the questions displayed below) Illinois Metallurgy Corporation has two divisions. The Fabrication Division transfers partially completed components to the Assembly Division at a predetermined transfer price. The Fabrication Division's standard variable production cost per unit is $520. The division has no excess capacity, and it could sell all of its components to outside buyers at $710 per unit in a perfectly competitive market. 128 points eBook P Required: 1. Determine a transfer price using the general rule. rences Transfer price Required information [The following information applies to the questions displayed below.) Part 2 of 2 Illinois Metallurgy Corporation has two divisions. The Fabrication Division transfers partially completed components to the Assembly Division at a predetermined transfer price. The Fabrication Division's standard variable production cost per unit is $520. The division has no excess capacity, and it could sell all of its components to outside buyers at $710 per unit in a perfectly competitive market. points eBook 2. What would be the transfer price if the Fabrication Division had excess capacity? Print References Transfer price