Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Two divisions of a Kringly Corporation are involved in a dispute. Division A purchases part 101 and Division B purchases part 201 from a third division, C. Both divisions need the parts for products that they assemble. The intercompany transactions have remained constant for several years. Recently, outside suppliers have lowered their prices, but C Division is not lowering its prices. In addition, all division managers are feeling the pressure to increase profit. Managers of Divisions A and B would like the flexibility to purchase the parts they need from external parties to lower cost and increase profitability. The current pattern is that Division A purchases 3,000 units of product part 101 from Division C (the supplying division) and another 1,000 units from an external supplier. The market price for part 101 is $900 per unit. Division B purchases 1,000 units of part 201 from Division C and another 1,000 units from an external supplier. The mangers for Divisions A and B are preparing a new proposal for consideration. Division C will continue to produce parts 101 and 201. All of its production will be sold to Divisions A and B. No other customers are likely to found for these products in the short term given that supply is greater than demand in the market. Division C will manufacture 2,000 units of part 101 for the Division A and 500 units of part 201 for the Division B. Division A will buy 2,000 units of part 101 from Division C and 2,000 units from an external supplier at $900 per unit. Division B will buy 500 units of part 201 from Division C and 1,500 units from an external supplier at $1,900 per unit. Division C Data 2012 Based on the Current Agreement Direct materials Direct labor Variable overhead Transfer price Annual Volume Part 101
Part 201
Required:
walla company has common and preferred stock outstanding as follows nbspnbspnbspnbspnbspnbsp common stock100000
garison music emporium carries a wide variety of musical instruments sound reproduction equipment recorded music and
company manufactures soda cans. a unit of production is a case of 12 dozen cans. the following standards per case
Open up an IAS or IFRS a. What are the major organizational parts of the authority (placed in bold) b. Compare your answer in (a) to the major organizational parts of an IFRIC or SIC. c. Are (a) and (b) for the most part, the same If yes, how so If n..
at the date of a bond issue the effective rate of interest is significantly above the stated rate of interest. if the
when an accounting change is reported under the retroactive approach account balances in the general ledger1are not
which product should have a larger markup over variable cost a product whose demand is elastic or a product whose
what is the idea of performing an analysis of variance?why is it important to test for variances in your data?
Prepare the adjusting entry for December 31 st to reflect the amount of rent expense consumed. What is balance in prepaid rent on December 31 st after the adjusting entry has been made?
Prepare the entry to record bad debts expense for the period. Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. What is the net realizable value of the receivables at the end of the period?
Analysis shows that around 2 percent of A-line sales require after-sale repairs. Beginning July 1, 20x1, Jake's Computer Sales and Repair provides customers with a limited product warranty on each A-line computer sold. Sales of A-line computers to..
Prepare the perpetual inventory schedule for the above transactions using (1) FIFO, (2) LIFO, and (3) average-cost. (If there is no entry, enter 0 for the amount. Round the unit average-cost to 2 decimal places. Round answers to 2 decimal places.)
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd