there are 3 requirements for this question. please provide detail for better understanding for all 3 requirements along with supporting calculations

A N G THUIVISRII. The Tractor Division can use the tires produced by * Requirements 1. Assume that the Tire Division has excess capacity, meaning that it can produce tires for the Tractor Division without giving up any of its current tire sales to outsiders. If Germain Motors has a negotiated transfer price policy, what is the lowest acceptable transfer price? What is the highest acceptable transfer price? 2. If Germain Motors has a cost-plus transfer price policy of full absorption cost plus 20%, what would the transfer price be? 3. If the Tire Division is currently producing at capacity (meaning that it is selling every single tire it has the capacity to produce), what would likely be the fairest transfer price strategy to use? What would be the transfer price in this case? Print Print Done ind then click Check Answer i More Info Direct material cost per tire $25 Conversion costs per tire $3 (Assume the $3 includes only the variable portion of conversion costs.) Fixed manufacturing overhead cost for the year is expected to total $114,000. The Tire Division expects to manufacture 57,000 tires this year. The fixed manufacturing overhead per tire is $2 ($114,000 divided by 57,000 tires). CTU 24A (similar to) The Tractor Division can use the les produced by the The Division The market price per reis 585 Germain Motors manufactures specially tractors it has two divisions a Tractor Division and a Tie Di The Tire Division has the following costs per tre Click the icon to view the costs and additional information) Read the regrements y Requirement 1. Assume that the Teasc negotiated transfer price policy, what is the lowest accept c menghampwestor the chorow e rpce? What is the highest acceptatie Wansfer price? (Assume the c codes only the r o moto has a eportion of conversion o ) The lowest acceptable transfer price is the Te Division's