Granite Preserve Corporation has two divisions, Copper and Silver. Silver transfers components to Copper at a predetermined transfer price. Silvers standard variable cost of production per unit is $240. Silver could sell all its production to outside buyers for $304 per unit. Copper incurs $80 of variable costs in addition to the transfer price for Silvers components. Assume that Silver has no excess capacity and that Silver was able to reduce the variable cost of internal transfers by $20 per unit. Using the general rule and assuming a perfectly competitive market, the transfer price would be: Multiple Choice $284. $304. $204. $300. None of the answers is correct.