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Joliet Division makes a good that is sold on the open market for a price of 331 each. To make the praduct, Joliet incurs $8
Joliet Division makes a good that is sold on the open market for a price of 331 each. To make the praduct, Joliet incurs $8 of variable oost per unit and $12 of fixed costs per unit. The Chicago Division is looking to buy this good innemally from Joliet. What is the minimum unill price (floor) on an intemal trassfer to the Chicago Division? S What is the maximum unit price (ceiling) for the transfer of the good? $
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