The Heating Division of Bramble International produces a heating element that it sells to its customers for $$44$ per unit. Its unit variable cost is $$30,$ and its unit fixed cost is $$10.$ Top management of Bramble International would like the Heating Division to transfer $15,500$ heating units to another division within the company at a price of $$31.$ Assume that the Heating Division has sufficient excess capacity to provide the $15,500$ heating units to the other division. What is the minimum transfer price that the Heating Division should accept?

Minimum transfer price

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