1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zina [86]
3 years ago
8

Burt Inc. has a number of divisions, including the Indian Division, a producer of liquid pumps, and Maple Division, a manufactur

er of boat engines.
Indian Division produces the h20-model pump that can be used by Maple Division in the production of motors that regulate the raising and lowering of the boat engine's stern drive unit. The market price of the h20-model is $720, and the full cost of the h20-model is $540.
Required:
1. If Burt has a transfer pricing policy that requires transfer at full cost, what will the transfer price be?
$
Do you suppose that Indian and Maple divisions will choose to transfer at that price?
Maple Division Select chooses to transfer refuses to transfer Item 2
Indian Division Select chooses to transfer refuses to transfer Item 3
2. If Burt has a transfer pricing policy that requires transfer at market price, what would the transfer price be?
$
Do you suppose that Indian and Maple divisions would choose to transfer at that price?
Maple Division Select chooses to transfer refuses to transfer Item 5
Indian Division Select chooses to transfer refuses to transferItem 6
3. Now suppose that Burt allows negotiated transfer pricing and that Indian Division can avoid $120 of selling expense by selling to Maple Division.
Which division sets the minimum transfer price?
A. Indian
B. Division
C. Maple
D. Division
What is the minimum transfer price?
$
Which division sets the maximum transfer price?
A. Indian
B. Division
C. Maple
D. Division
What is the maximum transfer price?
$
Do you suppose that Indian and Maple divisions would choose to transfer somewhere in the bargaining range?
A. Yes
B. No

Business
1 answer:
ludmilkaskok [199]3 years ago
5 0

Answer:

Check attachment for explanation

You might be interested in
How environmental markets can improve an energy market portfolio
enyata [817]

Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

<h3>What do you understand about environmental markets?</h3>

Environmental markets can be defined as a progressive coverage method to leverage investment for environmental conservation on non-public lands. They can function as a supplement to conventional conservation programs.

thus, Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

learn more about environmental markets:

brainly.com/question/26950905

#SPJ1

8 0
2 years ago
Momentous Occasions is a photography business that shoots videos at college parties. The freshman class pays​ $1,000 in advance
Viefleur [7K]

Answer:

a. Considering the $1,000 paid by the freshman class,

Revenue earned on April 2

Did the earnings occur on the same date the cash was received No

b. Considering the $4,100 paid by the sophomore class,

Revenue earned on April 2

Did the earnings occur on the same date the cash was received No

Explanation:

a. Considering the $1,000 paid by the freshman class, on what date was revenue earned? Did the earnings occur on the same date the cash was received?

Revenue According to IFRS 15 is earned when earnings occur on the same date the cash was received when Momentous Occasions (the entity) transferres goods or services to the customer ( freshman class)

Thus $1,000 paid by the freshman class on March 3 is a Deferred Revenue. Earnings did not occur on the same date the cash was received.

Revenue occured when  Momentous Occasions (the entity) transferred goods or services to freashman class on April 2

b. Considering the $4,100 paid by the sophomore class, on what date was the revenue earned? Did the earnings occur on the same date cash received?

Revenue According to IFRS 15 is earned when earnings occur on the same date the cash was received when Momentous Occasions (the entity) transferres goods or services to the customer ( freshman class)

Revenue occured when  Momentous Occasions (the entity) transferred goods or services to freashman class on April 2

The $4,100 paid by the sophomore class on February 28 is payment for services rendered by  Momentous Occasions on  party held on April 2.

Thus Earnings did not occur on the same date the cash was received.

5 0
3 years ago
A company received an order from a customer in June for services to be provided. Those services were provided in July, and the c
scZoUnD [109]

Answer:

B. July

Explanation:

The principle of revenue recognition arises whenever the income is realized or earned whether cash is collected or not and it also supports the accounting accrual basis. Realizable here means that the customer obtains the product however the payment is made afterward.

So, in the given case, the service is provided in the July month and the same is to be recorded on the July month

8 0
3 years ago
An employer pays $90 of a $100 group disability premium, and the employee pays the other $10. The disability benefit under the p
geniusboy [140]

Answer:

the monthly benefit taxable income would be $900

Explanation:

For a Plan of $1,000/month if the employer pays $90 and the employee pays the other $10 of a $100 group disability premium.

after paying the total amount of  %100 according to the plan if the employee gets disabled then he will get 90% of the total amount which is taxable income.

5 0
3 years ago
Read 2 more answers
A government entered into a general government capital lease in the prior year. During the current year, a lease payment of $50,
m_a_m_a [10]

Answer:

Net increase in Capital Assets with amount of USD 38,000/-

5 0
3 years ago
Other questions:
  • Quentin operates an ice cream franchise that has shops throughout the United States. CoolCream Co., the franchisor, supplies the
    6·1 answer
  • Which advertising strategy emerged because of corporate mergers and public distrust of impersonal and large corporations?
    6·1 answer
  • What is the key factor in determining sales mix if a company has limited resources?
    12·2 answers
  • A private partnership whose shares are primarily offered to wealthy individuals and large institutions and which often makes hig
    12·1 answer
  • Brianna cruz earned $130 in simple intrest in 9 months at an annual interest rate of 8%. How much money did she invest?
    5·1 answer
  • If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the ave
    13·1 answer
  • A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. Wha
    5·1 answer
  • There is no such thing as "the law" in that law comes from many different sources.
    7·1 answer
  • figure 3-5 shows that in U.S. data labor`s shareof total income is aproximatly a constant over time. Table 3-1 shows that the tr
    11·1 answer
  • 5)True or False: Offering sales discounts on credit sales can benefit a seller by decreasing the delay in
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!