The Heating Division of Grouper International produces a heating element that it sells to its customers for $$47$ per unit. Its unit variable cost is $$20,$ and its unit fixed cost is $$5.$ Top management of Grouper International would like the Heating Division to transfer $14,700$ heating units to another division within the company at a price of $$26.$ Assume that the Heating Division has sufficient excess capacity to provide the $14,700$ heating units to the other division. What is the minimum transfer price that the Heating Division should accept?

Minimum transfer price

$

eTextbook and Media

Attempts: $2$ of $5$ used