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Question :
Rapid Industries has multiple divisions. Iron Products, One division makes a component that another division, Austin, is presently purchasing on the open market. Iron Products presently has a capacity to produce 505,000 components at a variable cost of $7.00 and a complete cost of $10.00. Iron Products has outside sales of 461,000 components at a price of $14.50 per unit. Austin presently purchases 50,000 units from an outside supplier at a price of $11.00 per unit. Suppose that Austin desires to use a single supplier for its component.
a. Evaluate the effect on Rapid Industries' operating profit if the transfer is made internally? Consider the 50,000 units Austin requires are either purchased 100% internally or 100% externally.
b. Determine the minimum transfer price?
c. Evaluate the maximum transfer price?
How might Bernhardt Appliance’s management use its accounts receivable and notes receivable to raise the cash it needs? What are the company’s prospects for raising the needed cash?
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Jesse has come to you for advice so provide him with professional memo on the issue, based on the IRC. Use proper tax language and IRAC form - issues, analysis conclusion, rules.
How much will Oxford Engineering's total profits change if they decide to buy the starter assembly from Tidnish Electronics instead of making it themselves?
What will be the real effect on profit if the order is accepted? Elucidate why managers who focus on reported cost per unit may be inclined to turn down the order.
compute the net benefits using a discount rate of 6 percent ,repeat using a discount rate of 12 percent, what can you conclude from this exercise?
questioncorpus christi corporation reported the subsequent pretax and taxable information for 2010income from
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