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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 $5.50 per

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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 $5.50 per widget while the full cost is $8.50. Widgets sell on the open market for $15.00 each. If Quail is operating at capacity, what would be the minimum transfer price if Marlin currently is purchasing 175,000 units on the open market? Multiple Choice $15.00 $8.50 $6.50 $5,50

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