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Question - Barter's Northern Division manufactures and sells a single product, which is a part used in the manufacture of trucks. The annual production capacity is 35,000 units and the variable cost of each unit is $24. Currently, the Northern Division sells 32,000 units per year to outside customers at a price of $40 per unit. Barter's Southern Division wishes to purchase 15,000 units per year from the Northern Division for use in its production. There would be no variable cost savings from transferring the units internally rather than selling them externally. Find the lowest acceptable transfer price from the Northern Division's (seller's) perspective?
Record this billing and the related Vouchers Payable liability in the Street Improvement Fund and governmental activities journals.
Longworth allocates personnel costs on the basis of number of employees and custodial costs on the basis of square feet.
Access the answer the questions and submit to me via Canvas. What is a sole proprietorship and how is it taxed? Define the term "limited liability".
Calculate the Total income, Total deductions, Taxable income, Federal tax liability, Average federal tax rate and Refund amount
Garden Sales, Inc., sells garden supplies. Management is planning its cash needs for the second quarter. The company usually has to borrow money.
Assuming the company's typical gross profit ratio is 40%, estimate the amount of inventory destroyed in the flood
Which of the following audit tests would be regarded as a test of a control? A) Test of the specific itmes making up the balance in a given general ledger account. B) Tests confirming receivables
What is the weighted-average capital for Willis and Rite in 2009? What will be the final profit allocations for Willis and Rite in 2009?
If prices are steadily rising or falling, the use of the weighted-average method will yield a cost for inventory between those yielded by FIFO and LIFO.
In 2014, Spanish Fort Corporation had net sales of $500,000 and cost of goods sold of $300,000. Prepare an income statement for Spanish Fort Corporation
Compute present value of the bids. You may assume that the cost of capital is 11%, that the annual maintenance expenditures are incurred at the end of each year
Identify some of the problems a financial analyst encounters when trying to compare the use of long term assets of Cloud Peak versus Peabody.
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