Transfer pricing Walsdorf Company's information technology department is developing a support department transfer price based on minutes of computer time. For the year, its expected capacity was 1,260,000 minutes, and theoretical capacity was 1,800,000 minutes. Annual costs of the IT department were expected to total $1,197,000. a. What is the IT transfer price based on expected capacity? $ per minute b. What is the IT transfer price based on full capacity? $ per minute c. Actual operating costs of the IT department for the year were $1,240,920, and actual capacity usage was 1,314,000 minutes. (1) What were the total variances from budget if the IT department used a transfer price based on expected capacity? Note: Do not use a negative sign with your answer. (2) What were the total variances from budget if the IT department used a transfer price based on full capacity? Note: Do not use a negative sign with your answer..