Division A of Sebastian Enterprises manufactures a product called XYZ. Current data for Division A are as follows:

	Capacity	58723
	Current production & sales	47315

	Per unit data
		Selling price	$92.41
		Variable costs - production	34.36
		Variable costs marketing relating to external sales	14.51
	Fixed costs (total)		$761052

Division B of Sebastian Enterprises currently buys 20408 units of XYZ yearly from an outside supplier at a price of $55.00. Division B would like to buy the 20408 units of XYZ it needs annually from Division A. What is the minimum transfer price?

Select one:

a. $47.85

b. $34.36

c. $53.56

d. $68.07