Please answer the following questions with the data shown in the first photo. Thank you so much.

More info The Chair Division currently purchases the cushions for $18 from an outside vendor. The Cushion Division manufactures upholstered seat cushions that are sold to customers outside the company. The Chair Division currently sells 900 chairs per quarter, and the Cushion Division is operating at capacity, which is 900 cushions per quarter. The two divisions report the following information: The Chacon Company is decentralized, and divisions are considered investment centers. Chacon has one division that manufactures oak dining room chairs with upholstered seat cushions. The Chair Division cuts, assembles, and finishes the oak chairs and then purchases and attaches the seat cushions. Requirement 1. Determine the total contribution margin for Chacon Company for the quarter. Requirement 2. Assume the Chair Division purchases the 900 cushions needed from the Cushion Division at its current sales price. What is the total contribution margin for each division and the company? Requirement 3. Assume the Chair Division purchases the 900 cushions needed from the Cushion Division at its curren variable cost. What is the total contribution margin for each division and the company? (Enter "0" for any zero amounte Requirement 3. Assume the Chair Division purchases the 900 cushions needed from the Cushion Division at its currer variable cost. What is the total contribution margin for each division and the company? (Enter "0" for any zero amounts. 10tal Requirement 4. Review your answers for Requirements 1, 2, and 3 . What is the best option for Chacon Company? By having the Chair Division purchase the cushions from an outside vendor, the company would generate total contribution margin than if the division purchases cushions internally. Requirement 5. Assume the Cushion Division has capacity of 1,800 cushions per quarter and can continue to supply it outside customers with 900 cushions per quarter and also supply the Chair Division with 900 cushions per quarter. Wha transfer price should Chacon Company set? Explain your reasoning. Using the transfer price you determined, calculate the total contribution margin for the quarter