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Jamison Textiles has two divisions. One division makes bolts of cloth, and the other division makest-shirts. The cloth division makes 2 square yards of cloth
Jamison Textiles has two divisions. One division makes bolts of cloth, and the other division makest-shirts. The cloth division makes 2 square yards of cloth for $0.27 but sells the cloth to customers for $0.45. The t-shirt division can make t-shirts for $0.59 plus the cost of 2 square yards of cloth and sells t-shirts for $6.00. The company can purchase cloth from a different cornpany for $0,43 per 2 square yards. If Jamison Textiles has excess capacity and wants to use a negotiated fransfer price to sell cloth from the cloth division to the tshirt division, what should be the minimum and maximum transfer costs? Minimum-50.43,Maximum-$0.45Minimum-50.27,Maximum=$0.59Minimum-$0.45,Maximum=$0.59Minimum=50.27,Maximum=$0.43
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