The Can Division of Crane Company manufactures and sells tin cans externally for $0.70 per can. Its unit variable costs and unit fixed costs are $0.24 and $0.07, respectively. The Packaging Division wants to purchase 50,000 cans at $0.31 a can. Selling internally will save $0.01 a can. Assuming the Can Division is already operating at full capacity, what is the minimum transfer price it should accept?

$0.69

$0.63

$0.32

$0.39