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Holiday Corp, has two divisions, Quail and Martin, Quail produces a widget that Marlin could use in its production, Quail's variable costs are $4.80 per

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Holiday Corp, has two divisions, Quail and Martin, Quail produces a widget that Marlin could use in its production, Quail's variable costs are $4.80 per widget while the full cost is $7.80. Widgets sell on the open market for $13.60 each. If Quail is operating at capacity, what would be the maximum transfer price if Marlin currently is purchasing 140,000 units on the open market? Multiple Choice $5.80 $780 $4.80 $13.60

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