QUESTION 16 The K division of CocoLu Brands is currently negotiating a transfer price to sell a product the Q division within CocoLu. Currently, the K division is able to sell its products on the open market at a price of $50 per unit. Product cost information is shown below: Direct materials cost per unit $9 Direct labor cost per unit 4 Variable overhead cost per unit Fixed overhead cost per unit 5 Assuming that the K division has excess production capacity, and that CocoLu would not incur any selling and administrative costs on the transfer, what is the minimum transfer price that the K division should accept? 2 O A $20 OB. $15 OC. $13 OD. $50