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The Appraisal Department Jean Bank performs appraisals o business properties for loans bel g cons dered bythe bank and appraisals for department charges $160 per home appraisal, and its variable costs are $125 per appraisal. ers that arefinancingt er purchase throug institution. The o ne so me other nand Recently, Jean Bank has opened its own Home-Loan Department and wants the Appraisal Department to perform 970 appraisals on all Jean Bank-financed home loans. Bank management feels that the cost of these appraisals to the Home-Loan Department should be $147.Thevariable cost per appraisal to the Home-Loan Department would be $8 less than those performed for outside customers due to savings in administrative costs. Determine the minimum transfer price, assuming the Appraisal Department has excess capacity. Minimum transfer price $ Determine the minimum transfer price, assuming the Appraisal Department has no excess capacity. Minimum transfer price Assuming the Appraisal Department has no excess capacity, should management force the department to charge the Home-Loan Department only $147 eTextbook and Media