Calculate total yearly profit for the ce bakery

Assignment Help Financial Accounting
Reference no: EM132957370

The CE Bakery has identified several processes required to produce one cupcake. The company treats each process as a separate division and charges transfer prices between internal processes. The company sells 45,000 cupcakes in one year.

                                      Purchasing              Baking         Packaging               Customer Service

Cost per cupcake          $0.95                $0.50                $0.35.                 $0.40

Transfer price                  $1.15.              $1.75.                 $2.20.                    $2.85

Problem a) Calculate the net profit for each division.

Problem b) Calculate total yearly profit for the CE Bakery.

Reference no: EM132957370

Questions Cloud

What should nico do : What should Nico do and explain? Nico is considering the purchase of a call option for 100 shares of Cisco at with an exercise price of $25.
Identity crime also provides a foundation : Identity crime also provides a foundation for many other forms of serious crime, stolen identities may be used for money laundering, tax evasion
Determine the company accounts receivable balance on june : Sixty percent (60%) of sales is collected in the month of sale; Determine the company accounts receivable balance on June
Why cause differences between cash flows and net income : Why differences between the cash flows and Net Income? Which accounts can cause differences between the Cash Flows and Net Income?
Calculate total yearly profit for the ce bakery : Calculate total yearly profit for the CE Bakery. The CE Bakery has identified several processes required to produce one cupcake. The company treats each process
Determine the amount of each payment : An initial investment of $37,260 is to be returned in eight equal annual payments. Determine the amount of each payment if the interest rate is 6 percent
Agency for healthcare research and quality : 3. Locate and review the quality indicators/benchmarks for each. Be sure to focus on quality indicators related to the the practice of dietetics, in areas such
Why diversity and inclusion are important for dessa : Purpose of Assignment: To examine beliefs, values and behaviours thatform individual and community identities and the basis for respectful relationships in the
Calculate magnificent muffin company return on investment : Calculate The Magnificent Muffin Company's Return on Investment (ROI) and Residual Income (RI) for the additional investment only

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the modified internal rate of return

What is the modified internal rate of return? Durango Cereal Company is considering adding two new kinds of cereal to its product line-one geared

  Determine the yield to maturity

The 11-year $1,000 par bonds of Vail Inc. pay 14 percent interest. The current market price for the bond is $1,090. Determine the yield to maturity

  Forrest is given task of supervising their initial operation

Forrest is the regional manager for a national chain of car rentals and is based in Washington, North Carolina. When the company opens new stores in Charlotte, Forrest is given the task of supervising their initial operation.

  Calculate breakeven points or determine target profits

"There is no such thing as a fixed cost. All costs can be unfixed given sufficient time.". Do you agree? What is the implication of your answer for CVP analysis? How do step fixed costs complicate CVP analysis? What other issues are there when using ..

  What is the firm required return if return on equity percent

It expects to pay a dividend of $1.20 per share to maintain a 60 percent payout ratio. What is the firm's required return if return on equity is 13.5 percent

  Example of how company can be socially responsible

Describe an example of how a company can be socially responsible? Name an organization / company that you feel is socially responsible and explain how this social responsibility affects the organization, its employees, and society in general.

  Which amount you would use as the cost of the car

The company has deducted maximum CCA. Which amount you would use as the cost of the car to calculate operating expense benefit

  What is the total equity for the month of october

Analyse the effect of each transaction during the month of October. What is the balance at the end of October for Retained earnings?

  Journal entry format

DEF Company had the following transactions. Record the following items in Journal Entry format. Clearly indicate the (a) account name, (b) whether it is a (debit) or (credit), and (c) the amount.

  How much must be realized from the sale of non-cash assets

Using the same information in no. 8, How much should the non-cash assets be sold to avoid incurring capital deficit? Ignore liquidation expenses.

  Evaluate restatement in term of management ethical violation

Evaluate the restatement in terms of management's ethical violations according to the requirements of the Sarbanes-Oxley Act, providing recommendations to management on how to avoid these problems in the future.

  Present entries to record the transactions green company

Present entries to record the transactions Green Company Purchase of bonds on August 1, Year 1. Receipt of first semiannual interest

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd