Ivanhoe Company, a division of Dudge Cars, produces solar batteries. Ivanhoe sells the batteries to its customers for $102 per unit. The unit variable cost is $48, and unit fixed cost are $19. Top management of Dudge Cars would like Ivanhoe to transfer 30,000 batteries to another division within the company at a price of $57. Ivanhoe has sufficient excess capacity to provide the 30,000 batteries to the other division. Compute the minimum transfer price that Ivanhoe should accept.

Minimum transfer price

$enter the minimum transfer price in dollars