The following information relates to labor forThe Gear Division of Bicycle Bob produces

a $12-$speed gear that it sells to its

customers for $$13$ per unit. Its unit

variable cost is $$4\mathrm{.}60,$ and its unit fixed

cost is $$4\mathrm{.}06.$ Top management of Bicycle

Bob would like the Gear Division to

transfer $4,000$ gears to another division

within the company at a price of $$11.$ The

Gear Division has no excess capacity to

provide the units. What is the minimum

transfer price that the Gear Division

should accept? $($Round answer to $2$

decimal places $($e$.$g$.,52\mathrm{.}75).)$

Minimum transfer price per unit

Pharoah Appliance Repair Shop.

The desired profit margin per hour is $$28.$ The

material loading charge is $60\%$ of invoice cost.

Pharoah estimates that $5,600$ labor hours will

be worked next year. If Pharoah repairs a

dishwasher that takes $1\mathrm{.}5$ hours to repair and

uses parts that cost $$70,$ compute the bill for

the job.