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

	Capacity	62350
	Current production & sales	47691

	Per unit data
		Selling price	$90.99
		Variable costs - production	33.42
		Variable costs marketing relating to external sales	14.33
	Fixed costs (total)		$766047

Division B of Sebastian Enterprises currently buys 22531 units of XYZ yearly from an outside supplier at a price of $55.00. Division B would like to buy the 22531 units of XYZ it needs annually from Division A. What is the minimum transfer price?

Select one:

a. $44.23

b. $62.86

c. $33.42

d. $48.53