Question 10 of 20 < > View Policies Current Attempt in Progress Cullumber Company's Extract division has collected the following information: Normal selling price Variable product costs Fixed product costs Variable selling and administrative costs Production capacity $5.30 per bottle 1.44 per bottle 2.70 per bottle 0.49 per bottle 1534000 bottles -/0.35 E Assuming that the division has excess capacity of 325000 and the Baked Goods division wants to buy 275000 bottles, the minimum transfer price would be O $5.30. O $1.93. O $1.16. O $4.63. Save for Later Attempts: 0 of 1 used Submit Answer