Answer and Explanation:
a. The computation of operating profit is shown below:-
Profit per unit = Purchase price from outside per unit + variable cost of production internally
= $15 - $7
= $8
Total increment in operating profit = Profit per unit × Total number of units
= $8 × 24,000
= $192,000
b. Minimum transfer price = Variable cost = $7 (because polk has overcapacity and there is no change in fixed cost and polk minimum has to recover its variable production cost)
c. Maximum transfer price = purchase cost from outside supplier = $15 (because if the internal transfer piece is more than $15 Bishop will lose so he prefers to buy from outside and the company as a whole will lose $192,000 in incremental operating profit
Answer:
Purchase discounts is a contra revenue account. Revenue accounts carry a natural credit balance; purchase discounts has a debit balance as a contra account. On the income statement, purchase discounts goes just below the sales revenue account.
Answer:
reduced trade restrictions among Canada, Mexico and the United States.
Explanation:
The North American Free Trade Agreement reduced trade restrictions among Canada, Mexico and the United States.
The goal of The North American Free Trade Agreement was to eliminate barriers to trade and investment between the U.S., Canada and Mexico.
The implementation of NAFTA brought the immediate elimination of tariffs on more than one-half of Mexico's exports to the U.S. and more than one-third of U.S. exports to Mexico
Civilian federal employees are also referred to as
<u> "civil servants".</u>
The civil service is free of government and made basically out of vocation civil servants procured on expert legitimacy instead of selected or chose, whose institutional residency regularly survives advances of political initiative. A civil servant or public servant is a man utilized in people in general division for the benefit of an administration office or office. The degree of government workers of a state as a major aspect of the "civil service" differs from nation to nation.
Answer:
I want to say c cause it's 40 but then again I don't know
