Shaw is a lumber company thbt also manufactures custom cabinetry it is made up of fwo dWisionse Lumber and Cabinetry the Lumber Dhivion is responsible for harvesting and preparing lumber for use, the Cabinetry Division prodoces custom-ordered cabinetry fire lumber produced by the Lumber Division has a variable cost of $2.80 per thear foot and flll cost of $3 go. Comparable qcaliy wood sells on the open market for $8.40 per linesr foot. 1. Assume you are the manager of the Cabinetry Division. Determine the maximum amount you would poy for lumibes 2. Assume you are the manager of the Lumber Division. Determine the minimum amount your would charge for the ambar if you have Required: 3. Assume you are the president of Shaw. Determine a mutualy beneficial transfer price assuming there is eycess capacky excoss capaclty. Repeat assuming you have no excess copacity. Complete this question by entering your snswers in the tabs belew. Assume you are the manager of the Cabinetry Division. Determine the mavimum amours gou would pay for hamber. (lithe: your answers to 2 decimal pisces.) Division is responsible for harvesting and preparing lumber for use: the Cabinesy bivition produces custom ordered cabinntry the lumber produced by the Lumber Division has a varible cost of $280 per linear foot and full cost of 5380 . Comperable quaty wood sells on the open market for $8.40 per linear foot. Required: 1. Assume you are the manager of the Cabinetry Division, Desermine the maximum anount you would gay for lumber: 2. Assume you are the manager of the Lumber Division. Determine the minimum amount you would charge for the lurtiber if you have excess capacity. Repeat assuming you have no excess capacity. 3. Assume you bre the president of Shaw. Determine a mutually beneficial transfer price assuming there s eroks cacacty Complete this question by entering your antwers in the tabs below. Assume you ore the manager of the Lumber Divition, Determine the minimum ampunt you would charye for the hamber if you Shaw is a lumbet company that also manufoctures custom cabiniety it is made up of two divisions Lumber and Cabinetiy the tumber Division is responsible for harvesting and preparing fumber for use, the Cabinetry Division produces curthom ordered cabinetry The lumber produced by the Lumber Division has a varlable cost of $2.80 per linesr foot and full cost of 53.80 . comparable q0anty woed sells on the open market for $8.40 per linear foot. Required: 1. Assume you are the manager of the Cabinetry Division. Determine the msximum amount you would pay for lumber. 2. Assume you are the manager of the Lumber Division. Determine the minimum amount you would change for the lumber if you have excess capacity. Repeat assuming you have no excess capacity. 3. Assume you are the president of Shaw. Determine a mutually beneficial transfer price assuming there is ercess capacty. Complete this question by entering your answers in the tabs below. Assume you are the president of Shaw. Determine a mutually beneficibl transfer price assuming there is excess capachy (Enter your answers to 2 decimal places.)