What is the transfer price based on full cost plus a markup

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The Engine Division provides engines for the Tractor Division of a company. The standard unit costs for Engine Division are as follows: Direct materials $ 600 Direct labor 1,200 Variable overhead 300 Fixed overhead 150 Market price per unit 2,730 23.Refer to the Engine Division. What is the transfer price based on full cost plus a markup of 30 percent? a. $2,925. b. $585. c. $2,760. d. $2,730.

Reference no: EM131212332

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