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Holiday Corp, has two divisions, Quail and Marlin. Quail produces a widget that Marlin could use in its production. Quail's variable costs are $5.90 per

Holiday Corp, has two divisions, Quail and Marlin. Quail produces a widget that Marlin could use in its production. Quail's variable costs are $5.90 per widget while the full cost is $8.90. Widgets sell on the open market for $15.80 each. If Quail is operating at capacity, what would be the maximum transfer price if Marlin currently is purchasing 195,000 units on the open market? Multiple Choice $6.90 $15.80 $8.90 $5.90

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