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Question - CWB Inc. has two divisions: the vehicle division and the battery division. The vehicle division intends to negotiate with the battery division for an internal transfer price of a customized battery. The regular battery that the battery division normally sells has a variable cost of $12.00. Yet the vehicle division needs to purchase 20,000 customized batteries, which increases the variable cost by $3.45 due to additional processes. In addition, the battery division does not have sufficient idle capacity to fulfill all the demand and would have to sacrifice the production and sale of 3,000 regular batteries to outside buyers. The market price is $28 for the regular battery and $35 for the customized battery. What is the minimum acceptable transfer price of the customized battery for the battery division?
Vandelay Industries uses full absorption for both book and tax purposes. What is the incremental after-tax net income for the business line
The ledger of Sagovic Rental Agency on March 31 of the current year includes the selected accounts on page 206 before adjusting entries have been prepared.
Smithson Corporation's unadjusted trial balance includes the following balances (assume normal balances): Accounts Receivable $1,119,000.
airporter service company operates scheduled coach service form bostons logan airport to downtown boston and to
On March 9, Hill gave McGraw Company a 60-day, 10% promissory note for $2,500. Hill honors the note on May 9. Record the collection of the note and interest.
An additional 3% commission is for sales beyond PhP 50,000. If his sales is PhP 70,000 for the month, how much is his salary for the month
Selena Máxima Gómez received $10,000 of interest from a corporate bond and $1,000 of interest, What is the amount of Selena gross income
Do you agree with the Accountant's calculations? Why or why not? What will be the real impact on the company's net income if the offer is accepted
Under the new policy, sales will increase to P 120,000, and accounts receivable will rise to P 30,000. How much is the additional contribution margin from sales
Choose two differences from each of the statements to share in your posts - Discuss how the changes that you have chosen will impact the financial reporting of U.S. corporations.
Discuss the impotance of periodic reporting and the time period principle
PK Ltd. made an issue of 10,00,000 equity shares of Rs. 10 each, payable Rs. 2 on application, Pass journal entries to give effect to these
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