Determine the minimum transfer price it should accept, Accounting Basics

+44 141 628 6080
[email protected]

Determine the minimum transfer price it should accept

The Wood Division of Fir Products, Inc. manufactures rubber moldings and sells them externally for $55. Its variable cost is $25 per unit, and its fixed cost per unit is $7. Fir's president wants the Wood Division to transfer 5,000 units to another company division at a price of $32. Assuming the Wood Division has available capacity of 5,000 units, the minimum transfer price it should accept is?

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Determine the minimum transfer price it should accept

Reference No:- TGS0680109

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Prepare pryce companys journal entries

Pryce Company owns equipment that cost $65,000 when purchased on January 1, 2012. It has been depreciated using the straight-line method based on estimated salvage value of $5,000 and an estimated useful life of 5 years.

Q : What amount of cash received

Carson Company on July 15 sells merchandise on account to Tayler Co. for $1000 terms 2/10, n/30. On july Tayler Co. Returns merchandise worth $400 to Carson company.

Q : The number of units it would have to manufacture during year

If Hester Company plans to sell 600,000 units during the 20x2-20x3 fiscal year, the number of units it would have to manufacture during the year would be?

Q : Determining the stock market value

If a company plans to issue preferred stock with a perpetual annual dividend of $2 per share and a par value of $25. If the required return on this stock is currently 8%, what should be the stock's market value?

Q : Determine the minimum transfer price it should accept

The Wood Division of Fir Products, Inc. manufactures rubber moldings and sells them externally for $55. Its variable cost is $25 per unit, and its fixed cost per unit is $7.

Q : What statkeholders might be affected by tercek media

Nancy Tercek, The financial vice president, and Margaret Lilly, the controller, of Romine Manufacturing Company are reviewing the financial ratios of the company for the years 2010 and 2011.

Q : Price of hockey skates

Suppose hockey skates sell in Canada for 165 Canadian dollars, and 1 Canadian dollar equals 0.71 U.S. dollars. If purchasing power parity (PPP) holds, what is the price of hockey skates in the United States?

Q : What was madisons over- or under-applied overhead

Madison Inc. is an Advertising Agency that uses a job-order cost system. Madison applies overhead to jobs based on direct professional labor hours.

Q : Process inventory is what amount

A Company had beginning raw materials inventory of $8,000. During the period, the company purchased $46,000 of raw materials on account. If the ending balance in raw materials was $5,000, the amount of raw materials transferred to Work in Process

1949891

Questions
Asked

3,689

Active Tutors

1420630

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Determine the minimum transfer price it should accept

Reference No:- TGS0680109

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Prepare pryce companys journal entries

Q : What amount of cash received

Q : The number of units it would have to manufacture during year

Q : Determining the stock market value

Q : Determine the minimum transfer price it should accept

Q : What statkeholders might be affected by tercek media

Q : Price of hockey skates

Q : What was madisons over- or under-applied overhead

Q : Process inventory is what amount

What is the difference between direct and indirect democracy

Discuss legal provision for paid menstrual leave in japan

Provide thorough and efficient system of public education

What reforms was not performed by director james lee witt

Need for a change in the legal environment

What when talking about al qaeda and hezbollah

Types of government from highest to lowest levels of citizen

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Determine the minimum transfer price it should accept

Reference No:- TGS0680109

Recent Questions Asked Accounting Basics

Q : Prepare pryce companys journal entries

Q : What amount of cash received

Q : The number of units it would have to manufacture during year

Q : Determining the stock market value

Q : Determine the minimum transfer price it should accept

Q : What statkeholders might be affected by tercek media

Q : Price of hockey skates

Q : What was madisons over- or under-applied overhead

Q : Process inventory is what amount

Asked Questions