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The fastener division of Novak Fasteners manufactures zippers and then sells them to customers for $7.27 per unit. Its unit variable cost is $3.11, and

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The fastener division of Novak Fasteners manufactures zippers and then sells them to customers for $7.27 per unit. Its unit variable cost is $3.11, and its unit fixed cost is $1.40. Management would like the fastener division to transfer 12,900 of these zippers to another division within the company at a price of $3.11. The fastener division could avoid $0.34 per zipper of variable packaging costs by selling internally. Determine the minimum transfer price. (a) Assuming the fastener division is not operating at full capacity. (Round answer to 2 decimal ploces, eg. 10.50.) Minimum transfer price $ (b) Assuming the fastener division is operating at full capacity, (Round answer to 2 decimal ploces, es. 10.50) Minimum transfer price $

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