Plish Company manufactures only one type of washing machine and has two divisions, the Compressor Division, and the Fabrication Division. The Compressor Division manufactures compressors for the Fabrication Division, which completes the washing machine and sells it to retailers. The Compressor Division "sells" compressors to the Fabrication Division. The market price for the Fabrication Division to purchase a compressor is

$ 48.00$48.00.

(Ignore changes in inventory.) The fixed costs for the Compressor Division are assumed to be the same over the range of

7 comma 0007,000minus12 comma 00012,000

units. The fixed costs for the Fabrication Division are assumed to be

$ 10.00$10.00

per unit at

12 comma 00012,000

units.

Compressor's costs per compressor are:

Direct materials $ 18.00$18.00

Direct labor $ 21.00$21.00

Variable overhead $ 6.50$6.50

Division fixed costs $ 12.50$12.50

Fabrication's costs per completed air conditioner are:

Direct materials $ 168.00$168.00

Direct labor $ 62.50$62.50

Variable overhead $ 20.00$20.00

Division fixed costs $ 12.50$12.50

What is the transfer price per compressor from the Compressor Division to the Fabrication Division if the method used to place a value on each compressor is

155155%

of variable costs?