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
True.
This is because managers are responsible for the overall performance of a branch and its personnel. Managers have people under their supervision and any problem that may arise in the course of a business day, they have to deal and solve in as little amount of time as possible.
Answer:
$4,92
Explanation:
Step 1 Calculate the Total Cost of conversion costs incurred during the process.
<u>Total Cost of conversion costs</u>
Cost of conversion in Beginning inventory $8,800
Add Cost of conversion for April $43,612
Total $52,412
Step 2 Calculate cost per equivalent unit for conversion costs
cost per equivalent unit = Total Cost of conversion / Total equivalent unit for conversion
= $52,412 / 10,650
= $4,92
Therefore, the cost per equivalent unit for conversion costs using the weighted average method would be $4,92.
The World Bank primarily
provides for the financing of economic development projects throughout the
world.
<span>World Bank is an
international financial organization that allows countries around the world to
have a loan for capital programs of a certain countries especially programs
aiming to end poverty.</span>
