Thingumabobs Inc. makes both widgets and gadgets. Both use whatsits in the manufacture of its products. The Widget Division makes its own whatsits, but the Gadget Division purchases its whatsits from an outside supplier for $10 each. The manager of the Gadget Division has inquired about purchasing his whatsits directly from the Widget Division. The manager of the Widget Division has calculated the cost of making a whatsit as $8. If the two managers come to an agreement, what will be the price agreed to?

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If the Gadget Division decides to purchase whatsits directly from the Widget Division the price agre... View the full answer