Colorado Furniture Had the Following Historical Accounting Data, Per Hundred

Multiple Choice

Colorado Furniture had the following historical accounting data, per hundred board feet, concerning one of its products: The shelving is normally transferred internally from the Cutting Division to the Finishing Division.It also may be sold externally for $110 per hundred board feet.The minimum profit level accepted by the company is a markup of 20 percent.
If the variable manufacturing cost transfer price method is used without a fixed fee, Colorado Furniture's transfer price will be

A) $68
B) $84
C) $56
D) $64