Elite Inc. has many divisions that are evaluated on the basis of return on investment (R Beta, makes boxes. A second division, Lambda, makes chocolates and needs 90,000 boxes per year. Be incurs the following costs for one OI). One divisio box: Direct materials $0.40 Direct labor 0.70 Variable overhead 0.50 Fixed overhead 0.16 Total S1.76 Beta has the capacity to make 720,000 boxes per year. Lambda currently buys its boxes from an d supplier for $2.00 each (the same price that Beta receives). Assume that Elite Inc. mandates that transfers take place at full manufacturing cost. What would be the transfer price if Beta transferr Lambda? O $1.35 O $1.76 O $1.00 O The transfer price cannot be determined from the information given. O S0.90 Elite Inc. has many divisions that are evaluated on the basis of return on investment (R Beta, makes boxes. A second division, Lambda, makes chocolates and needs 90,000 boxes per year. Be incurs the following costs for one OI). One divisio box: Direct materials $0.40 Direct labor 0.70 Variable overhead 0.50 Fixed overhead 0.16 Total S1.76 Beta has the capacity to make 720,000 boxes per year. Lambda currently buys its boxes from an d supplier for $2.00 each (the same price that Beta receives). Assume that Elite Inc. mandates that transfers take place at full manufacturing cost. What would be the transfer price if Beta transferr Lambda? O $1.35 O $1.76 O $1.00 O The transfer price cannot be determined from the information given. O S0.90