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!
Question - Still Love Enterprise produces and sells old hits records players and has two divisions, Hit and Miss. Currently the Miss Division buys a part from the Hit Division for $984. The Hit Division wants to increase the price of the part it sells to the Miss Division to $1,200, which is the price it charges customers outside the group. The cost data for the Hit Division is as follows:
Direct materials $306
Direct labour $390
Variable overhead $270
Fixed overhead $115
Required - Explain and calculate the transfer prices at which the Hit Division should offer to transfer the part to the Miss Division in order that the group profit maximizing decisions may be taken on financial grounds in each of the following independent situations:
(a) Hit Division has an external market for its entire product.
(b) Hit Division has excess capacity to supply all parts needed by the Miss Division.
(c) Hit Division has excess capacity for only 3,000 of the total 10,000 parts needed by the Miss Division. However, the Hit Division has an alternative use for this excess capacity which equates to a contribution of $60 for each part.
(d) Explain two objectives of transfer pricing systems.
If the Present Value of all estimated futures costs of a 5 year new investment project is 960, What is the projects MIRR
A company had the following outstanding shares as of January 1, year 2: What amount is basic earnings per share for the year ended December 31, year 2
Leshan Company planned to produce 12,000 units. Actual setup cost was $26,000. What is the flexible budget variance for setup costs
John's Televisions produces television sets in three categories: portable, midsize, and flat-screen. Calculate price index
An employee earns $40 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 60 hours during the week.
Land P200,000, P240,000 and P300,000 for 2021, 2022, and 2023 respectively. Determine the correct amount of consolidated net income for 2023
you need to present to your client alice cartwright some investment options for her to choose from. her choices are
Colmar paid $7,000,000 of the invoices received during the year. What amount of Colmar's encumbrances were outstanding at December 31, 2019
Based on the changing environment, as well as demographics in 21st Century America, there are many burgeoning issues and hurdles the U.S. Health Care System faces. As part of the preparation for your assignment, view the video titled "Health Care ..
On the average, how many student-days elapse between injuries to fourth to sixth graders in unorganized activities at school, and what is the probability that the next such injury will occur before 45 thousand student-days have passed?
What should Amlin report as total contributed capital on its December 31, 2019, balance sheet issued on February 1, 2020
Compute the revenue to be recognized in fiscal year 2008 for the two operating divisions of Simona Amanar Industries in accordance with generally accepted accounting principles.
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