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Division L at Reiner Ltd. manufactures 17,100 units of part #70, which it currently sells to outside customers. Selected data for part #70 are given
Division L at Reiner Ltd. manufactures 17,100 units of part \#70, which it currently sells to outside customers. Selected data for part \#70 are given below: Division K at Reiner Ltd, currently purchases 7,800 units of part \#70 from an outside supplier at a price of $97. Consideration is being given to buying internally rather than from the outside supplier. What is the lowest acceptable transfer price from the perspective of Division L ? Input your answer as a number with two decimal places (for example, 12.34). Your
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