Current Attempt in Progress Ivanhoe Industries produces and sells electronic sound equipment. The company has production capacity of 21500 units and currently production schedule is for 19500 units. Each unit has a selling price of $34, variable product cost of $24, and variable selling cost of $2. Another division wishes to purchase 540 units. If Ivanhoe sells the units to the other division, it will avoid $1 of the variable selling costs. What is the minimum transfer price that will maximize corporate profits? $25 $24 $34 $26 Save for Later Attempts: 0 of 1 used Submit