Dripolator sells premium-roasted coffee beans. In addition to the Roasting Division, the company has a Cupcake Division that sells cupcakes and beverages in retail outlets. The Roasting Division sells coffee beans at an average price of $5.75 per pound to both the Cupcake Division and other external customers. Variable product costs for a pound of roasted beans total $4.45. Variable selling and administrative costs are $0.80 per pound. Dripolator's transfer price policy is to transfer at a market-based price. Determine the transfer price. $4.45 per pound $5.75 per pound $5.95 per pound O $5.50 per pound

Dripolator sells premium-roasted colfee beans. In addition to the Roasting Division, the company has a Cupcake Division that sells cupcakes and beverages in retail outlets. The Roasting Division sells coffee beans at an average price of $5.75 per pound to both the Cupcake Division and other external customers. Variable product costs for a pound of roasted beans total $4.45. Variable selling and administrative costs are $0.80 per pound. Dripolator's transfer price policy is to transfer at a market-based price. Determine the transfer price, $4.45 per pound $5.75 per pound $5.95 per pound $5.50 per pound