Collyer Products Inc. has a Valve Division that manufactures and sells a standard valve as follow (for question 1, 2 and 3 please write, in each box two and three) 3 Ca yer Products Inc has aVahDison that raudactres and sells a standard ve as folows Capacity in units Selling price to outside customers on the intermediate market Vaniable costs Foxed costs per unit (based on capacity) s 24 S 14 The company has a Pump Dhision thait could use this valve in the manufactune of one of its pumps. Thie Pump DiMision is cumrently purchasing 18,000 valves per year from an overseas supplier at a cest o $23 per valve 1. Assume that the Valve Division has ample idle capacity to handle all of the Pump Division's needs the acceptable range d any for the bans1er price between the two dmom? What 2. Assume that the Val" Diesion is seling th" can produce to outside customers on the intermediate market. What is the acceptable range, any, for the transfer price between the two divisions Assume again that the Vaive Division is selling all that tcan produce to ouitside customers on the rtemedate market Also assum, that S4 anable expenses can be noded on trasters uthn the company due to reduced selling costs what the acceptable range #any for the bander price between the two divisions? Assume the Pump Diision meeds 32.000 special high-pressure valkes per yea The Valve Disions variable costs to manufacture and ship the special valve would be $12 per unit. To produce these special valves, the Valve Diision would have to reduce its production and sales of reguar aes from 180 000 unts per year to 100 000 units per year As far as the Vah Dvsois concerned what the lowest acceptable transfer price? (Round your answer to 2 decimal places