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Nikolay [14]
3 years ago
9

Genesis Scents has two divisions: the Cologne Division and the Bottle Division. The Bottle Division produces containers that can

be used by the Cologne Division. The Bottle Division's variable manufacturing cost is $4.00, the shipping cost is $0.30, and the external sales price is $5.00. No shipping costs are incurred on sales to the Cologne Division, and the Cologne Division can purchase similar containers in the external market for $4.60. The Bottle Division has sufficient capacity to meet all external market demands in addition to meeting the demands of the Cologne Division. Using the general rule, the transfer price from the Bottle Division to the Cologne Division would be:
Business
1 answer:
vova2212 [387]3 years ago
6 0

Answer: $4

Explanation:

The Bottle division is said to be able to meet all excess demand outside as well as that of the Cologne Division.

When this is the case in a company, individual divisions are allowed to transfer to each other at a rate equal to their Variable Costs. This is the general rule.

The Variable Costs for the containers is $4 so that is the transfer price as well.

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Answer:In American law, a signing agent or courtesy signer is an agent whose function is to obtain a formal signature of an appearer to a document. In common parlance, most jurisdictions require the appearer to sign before a notary public. From this, the practice of a notary public designating themselves as a signing agent has arisen. There are notaries public who specialize in the notarization of real estate transfer and loan document signings. Signing agents often have certification and training through private organizations, but is not a requirement in law, although it may be a requirement of the lender in the oversight of real estate transaction document signatures.

Explanation:

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2 years ago
are four fundamental resources—natural resources, capital, human resources, and entrepreneurship—that both businesses and nonpro
Stells [14]

Answer:

D) Factors of production

Explanation:

The four factors of production are:

  1. land: any natural resource used to produce or manufacture goods and service
  2. labor: human work
  3. capital: machinery, tools, buildings, equipment that labor uses to produce or manufacture goods and services
  4. entrepreneurship: people that have the ability to combine the other three factors of productions and start to produce or manufacture goods and services
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3 years ago
What types of experiences, especially staffingrelated ones, will an organ ization be likely to have if it does not engage in hr
Reika [66]

There are various types of experiences that in case when the organization does not engage in HR and staffing planning which are as follows

1. Employees in shortage capacity

2. In shortage of skills

3. Lacking of motivation skills

4. Inflexible working environment

5. Inadequate workforce, etc

These types of experiences the organization is facing if it is not engaged with the HR and the staffing planning

Learn more about staffing planningbrainly.com/question/28072798

#SPJ4

5 0
2 years ago
Highland Industries makes custom yachts using a job cost accounting system. In anticipation of a busy year for 2019, Highland’s
il63 [147K]

Answer:

predetermined overhead per direct labor hour: $11.02

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

To solve for overhead rate we determinate the expected cost and distribute them over a cost driver which is, in this case; direct labor hours

<u>Expected overhead cost:</u>

Machinery maintenance   $   181,350

Utilities                              $  226,380

Supervision                        $   191,000

Materials handling cost     $    67,000

Building occupancy costs $    98,270

Indirect materials               $<u>     31,650 </u>

Total overhead:                 $  795,650

Total direct labor:    72,000

Overhead rate:   795,650 / 72,000 = 11.0206944= $11.02

3 0
3 years ago
Lake acquired a controlling interest in Boxwood several years ago. During the current fiscal period, the two companies individua
bixtya [17]

a) With Lake's 60% controlling interest in Boxwood, the total income tax expense reported on a consolidated income statement for this period is $99,023 ($471,540 x 21%).

b)  With Lake's 60% controlling interest in Boxwood, the total amount of income taxes payable for the current year is $101,400 ($363,000 + $120,000) x 21%.

c)  With Lake's 90% controlling interest in Boxwood, the amount of income tax expense to be reported on the consolidated income statement for the year is $97,820 ($465,810 x 21%).

<h3>What is controlling interest?</h3>

Controlling interest exists when a company or an individual owns more than 50% of the shareholdings of another company.  This gives the investor shareholder a majority voting share to influence decisions of the subsidiary company.

<h3>Data and Calculations:</h3>

                                    Lake        Boxwood

Income reported    $363,000    $120,000

Dividend paid             60,000          5,000

Dividend income          3,000 ($5,000 x 60%)

Increase in intra-entity gross profits = $19,100 ($41,500 - $22,400).

Excludable intra-entity gross profits = $11,460 ($19,100 x 60%).

Consolidated Income = $471,540 ($363,000 + $120,000 - $11,460)

Excludable intra-entity gross profits = $17,190 ($19,100 x 90%).

Consolidated Income = $465,810 ($363,000 + $120,000 - $17,190)

Learn more about controlling interests at brainly.com/question/15415717

5 0
2 years ago
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