The Gear Division of Bicycle Bob produces a 12-speed gear that it sells to its customers for $29 per unit. Its unit variable cost is $4.80, and its unit fixed cost is $3.75. Top management of Bicycle Bob would like the Gear Division to transfer 4,000 gears to another division within the company at a price of $27. The Gear Division has no excess capacity to provide the units. What is the minimum transfer price that the Gear Division should accept? (Round answer to 2 decimal places (e.g., 52.75).) Minimum transfer price per unit $

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