Actual full cost method of determining transfer pricing involves dividing all fixed and variable expenses for a period into the number of units produced.
The full end-to-end value of producing goods or services is calculated using the full costing approach. All direct, fixed, and variable overhead costs are attributed to the final product when the whole costing approach is used. These varied costs go through inventory accounts with the product in full cost accounting up until the product is sold.
These will subsequently be recorded as expenses in costs of goods sold on the income statement. Full costing has the advantages of greater openness and compliance with reporting regulations. The potential for skewed profitability in income statement and the difficulty in estimating cost fluctuations at various production levels are drawbacks.
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Answer:
Inductive method; Inductive Logic
Inductive method is a research process based on Inductive logic, in which the researcher begins with observations, seeks patterns in those observations, and generates tentative conclusions from those patterns.
Explanation:
Inductive Method simply put is the process whereby one makes numerous observations until one feels confident in drawing generalizations and predictions from them.
Here an individual keeps observing so many patterns, and subsequently goes ahead to make or deduct a generalization from his personal observation, or he predicts them.
The cartoon is drawn to highlight the corruption of the government by the monopolies. You can tell this from looking at the shirts of the people in the top row and the engraving on the wall in terms of monopolies.
Answer:
The mayor's responsibilities are primarily to preside at council meetings and to act as head of the city for ceremonial purposes and for purposes of military law. The mayor votes as a councilmember and does not have any veto power.
Explanation:
A. Labor to grow cash crops and the Indians were poor workers