Required information Problem 13-46 Comprehensive Transfer-Pricing Problem; Ethics (LO 13-6, 13-7, 13-8) [The following information applies to the questions displayed below.) Clearview Window Company manufactures windows for the home-building industry. The window frames are produced in the Frame Division. The frames are then transferred to the Glass Division, where the glass and hardware are installed. The company's best-selling product is a three-by-four-foot, doublepaned operable window. The Frame Division also can sell frames directly to custom home builders, who install the glass and hardware. The sales price for a frame is $80. The Glass Division sells its finished windows for $190. The markets for both frames and finished windows exhibit perfect competition. The standard variable cost of the window is detailed as follows: Frame Division $15 20 Glass Division $30* 15 Direct material Direct labor Variable overhead Total 30 30 $65 $75 *Not including the transfer price for the frame. Problem 13-46 Part 1 Assume that there is no excess capacity in the Frame Division. Required: 1-a. Use the general rule to compute the transfer price for window frames. 1-b. Calculate the transfer price if it is based on standard variable cost with a 10 percent markup. (Round your answer to 2 decimal places.)