The fastener division of Southern Fasteners manufactures zippers and then sells them to customers for $7.03 per unit. Its variable cost is $2.67 per unit, and its fixed cost per unit is $1.93. Management would like the fastener division to transfer 11,700 of these zippers to another division within the company at a price of $2.67. The fastener division could avoid $0.23 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 places, e.g. 10.50.) Minimum transfer price $ (b) Assuming the fastener division is operating at full capacity. (Round answer to 2 decimal places, e.g. 10.50.) Minimum transfer price $

The fastener division of Southern Fasteners manufactures zippers and then sells them to customers foc $7.03 per unit. Its variable cost is $2.67 per unit, and its fixed cost per unit is $1.93. Management would like the fastener division to transfer 11,700 of these zippers to another division within the company at a price of $2.67. The fastener dlvision could avold $0.23 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 pleces, eg, 10.50.) Minimum transfer price (b) Assuming the fastener division is operating at full capacity, (Round answer to 2 declmal places, es, 10.50) Minimum transfer price