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Gelneren [198K]
3 years ago
11

Select all that apply Transfer prices: (Check all that apply.) Multiple select question. are not used in investment centers. are

prices charged to outside customers. are transfers within the same company. have a direct impact on division profits. have a direct impact on the company's overall profits.
Business
1 answer:
nata0808 [166]3 years ago
3 0

Answer:

B. are transfers within the same company.

C. have a direct impact on division profits.

Explanation:

Transfer prices can be defined as the amount of money (prices) that is being charged by a division in a business firm for the goods and services provided to another division within the same business firm. Thus, the output of the selling division automatically becomes the input of the buying or receiving division.

The characteristics of transfer prices includes;

I. Are transfers within the same company.

II. Have a direct impact on division profits.

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The Southside Corporation budgeted 4,400 pounds of direct materials to make 2,600 units of product. The company actually used 4,
garik1379 [7]

Answer:

$3.75

Explanation:

As we already know that

Direct materials quantity variance = (Budged pounds of direct material  - Actual pounds of direct material) × Standard rate

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$1,500 unfavorable  = 400 × Standard rate

So, standard rate is

= $1,500 ÷ $400

= $3.75

We simply applied the above formula

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Answer:

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Answer:

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