Timekeeper Corporation has two divisions, Distribution and Manufacturing The company's primary product is high- end watches. Each division's costs are provided below: Manufacturing Variable costs per unit $1.87 Fixed costs per unit $7.29 Distribution Variable costs per unit $140 Fixed costs per unit The Distribution Division has been operating at a capacity of 4,009,000 units a week and usually purchases 2,004,500 units from the Manufacturing Division and 2,004,500 units from other suppliers at $10.00 per unit, $0.60 What is the transfer price per watch from the Manufacturing Division to the Distribution Division, assuming the method used to place a value on each watch is 170% of variable costs