Question 32 1 pts The socket division of Lehigh Lighting manufactures bulb sockets and sells them to customers for $6.20 per unit. Each bulb socket has a variable cost of $3.00 per unit, and a fixed cost of $0.85. Lehigh's management would like the socket division to transfer 25,000 sockets to another division within the company. If the socket division sold sockets internally, it would avoid $0.60 of variable packaging costs per unit. Assuming the socket division has enough extra capacity to manufacture the 25,000 sockets, what is its minimum transfer price per unit? $5.60 $3.25 $4.75 $2.40