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!
Materials used by the Industrial Division of LeMaster Manufacturing are currently purchased from outside suppliers at a cost of $120per unit. However, the same materials are available from the Materials Division. The Material Division has unused capacity and can produce the materials needed by the Industrial Division at avariable cost of $95 per unit. Assume that a transfer price of $110 has been established and that 40,000 units of materials are transferred, with no reduction in the Materials Division's current sales.
a. How much would LeMaster Manufacturing's total income from operations increase?b. How much would the Industrial Division's income from operationsincrease?c. How much would the Materials Division's income from operations increase?d. If the negotiated price approach is used, what would be the range of acceptable transfer prices and why?
Kirk's $5,000,000 comprehensive public liability policy contains a $400,000 deductible clause. In Kirk's December 31, 2010 financial statements, for which the auditor's fieldwork was completed in April 2011, how should this casualty be reported?
What is the age limitation for a student and a non student? What is the income limitation for a dependent? Who is a qualified child?
Speculate which regulatory changes will be the top priority for management. Then, suggest a timetable in which management should start getting ready for the change.
financial statement analysis please respond to the followingfrom the first e-activity compute the percentage difference
Under IFRS, the following is true of the operating section of the statement of cash flows:
Sophia inherited 1,000 shares of IBM. The father's cost was $2 per share at the time of purchase and 484 per share at the time of his death. Sophia sold them at $86 per share. Calculate the total amount of her capital gain.
Discuss the potential risks of adopting lean production. Does its application depend on company culture and business condition?
explain the major advantages and disadvantages inherent in using both the cash and the accrual basis of accounting and
Wilson's Meats has computed its fixed costs to be $.60 for every pound of meat it can sell given an average daily sales level of 500 pounds. It charges $3.89 per pound of top-grade ground beef. The variable cost per pound is $2.99. What is the con..
The capital balance for Bolcar is $110,000 and for Neary is $40,000. The two partners share profits and losses 70 percent (Bolcar) and 30 percent (Neary). Kansas invests $50,000 in cash into the partnership for a 30 percent ownership. The bonus me..
On February 1,2014, Razorback Corporation decides to transfer its available-for-sale securities to the trading category. These securities had been purchased for $9,400 early in 2013 and had a fair value of $11,700 on December 31, 2013. On Febru..
the following is a list of activities that occur for a company that sells many different types of products. please
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