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What is the minimum selling price

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Reference no: EM132824647

Question - The High Division of Para Company produces a high quality kite. Unit production costs (based on capacity production of 100,000 units per year) follow:

Direct materials P60

Direct labor 25

Overhead (20% variable) 15

Other information

Sales price 120

Selling expenses (15% variable) 20

The High Division is producing and selling at capacity.

What is the minimum selling price that the division would consider as a "transfer price" to the Recreation Division on which no variable period costs would be incurred?

A. P120

C. P91

B. P88

D. P117

Reference no: EM132824647

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