Collyer Products Inc hos a Velve Division that manufactures and sells a standard velve as follows: 10,000 Capacity in units Selling price to outside customers on the internediate market Variable costs per unit Fixed costs per unit (based on capacity) $ $ B 5 The company has e Pump Division that could use this valve in the menufacture of one of its pumps. The Pump Division is currently purchasing 10.000 volves per year from en oversess supplier at a cost of S14 per volve. Required: 1. Assume that the Valve Division has emple idle capacity to handle all of the Pump Division's needs. Whet is the scceptable renge, if any, for the transfer price between the two divisions? Transfer price 2 Assume that the Veive Division is selling all that it can produce to outside customers on the intermediate market. What is the acceptable range, if any, for the transfer price between the two divisions? Transfer price 3. Assume again that the Valve Division is selling all that it can produce to outside customers on the intermediate merket. Also assume that $2 in variable expenses can be avoided on transfers within the company, due to reduced selling costs. What is the acceptable range, if any, for the transfer price between the two divisions? Transfer price 4. Assume the Pump Division needs 20,000 special high-pressure valves per year. The Velve Division's variable costs to manufacture and ship the special valve would be $10 per unit. To produce these special valves, the Valve Division would have to reduce its production and sales of reguler valves from 100.000 units per year to 70.000 units per year. As fer as the Velve Division is concerned, what is the lowest acceptable transfer price? (Round your answer to 2 decimal places.) Transfer price