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The fastener division of Waterway Fasteners manufactures zippers and then sells them to customers for $7.91 per unit. Its variable cost is $2.67 per unit,

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The fastener division of Waterway Fasteners manufactures zippers and then sells them to customers for $7.91 per unit. Its variable cost is $2.67 per unit, and its fixed cost per unit is $1.33. Management would like the fastener division to transfer 12,000 of these zippers to another division within the company at a price of $2.67. The fastener division could avoid $0.16 per zipper of variable packaging costs by selling internally. Determine the minimum transfer price. Assuming the fastener division is not operating at full capacity. (Round answer to 2 decimal places, e.g. 10.50.) Minimum transfer price Assuming the fastener division is operating at full capacity. (Round answer to 2 decimal places, e.g. 10.50.) Minimum transfer price

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