The art of getting the greatest benefit from limited financial resources is called D. profit. Profit is what someone has received after they sell an item and subtract their operating costs from it. When a company or person wants fogure out their benefit or return on a product they can figure out their profit by adding up the costs and subtracting from the selling price.
Answer:
a
Explanation:
working at gm Ford plants are loading
Answer:
The most important question during this phase of product development pertains to the purchase intentions of respondents if the product is made available.
Explanation:
In the business world, purchase intention can be described as the intention of a person to buy a product from a supplier.
Concept testing is a method the companies use to estimate whether their products will have value in the market or not. Generally, surveys are launched before any product is released.
It might be that during the concept testing, the respondents might say yes to buying the scooters but would not have any purchase intentions.
Answer:
April 5
Dr Land 3,360,000
Cr Common stock 2,400,000
Cr Paid in capital in excess of par Common stock 960,000
Explanation:
Prepare of the journal entry to record the transaction.
April 5
Dr Land 3,360,000
(30,000 shares x $112)
Cr Common stock 2,400,000
(30,000 shares x $80)
Cr Paid in capital in excess of par Common stock 960,000
[30,000 shares x ($112-$80)]
(30,000 shares x $32)
Answer:
The Parts Division of Nydron Corporation
The Transfer Price for this transaction would lie between $16.85 and $17.00.
Relevant costs of making Part Y6P per unit is computed as the variable or marginal costs:
Sales Price to outside companies = $17
Buying Price from outside supplier = $16.85
Marginal Costs:
Direct Materials $7
Direct Labor $3
Var. Mfg O/H $4.50
Total Variable = $14.50
Fixed Costs = $1.20
Total costs = $15.20
Explanation:
This is a Transfer Price decision, in a buy or make situation. In making such decision, management of Nydron Corporation should concentrate on the relevant costs and the lowest and higher transfer prices. The costs that are relevant in this decision are those that can be avoided, called avoidable costs. They make the difference in making choices.
Since the relevant costs equal $14.50 (without the fixed cost of $1.20, which must be incurred irrespective of the decision taken) and the part can be sold for $17.00 to outside buyers, the transfer price would lie within the relevant manufacturing cost and the outside selling price. However, since the part can be bought from outside at $16.85, this becomes the lowest transfer price and $17.00 the highest transfer price.
Transfer price is the price that a division can sell its products or services to another division of the company and between subsidiaries and parent companies. Transfer pricing is an accounting and taxation practice that enables prices to be set for transactions done internally within businesses and between subsidiaries that operate under common control or ownership. The transfer pricing practice extends to cross-border transactions as well as domestic ones, and have taxation implications.
