Answer:
A. True
Explanation:
Invoices also called bills in accounting is used for recording sales transactions and to account for requests and receipts for payments.
If a distributor becomes involved in trade beyond national borders, Two sets of invoices are used. The international trade invoices (1st set of invoices) being the transaction details between the seller (exporter from other country) and the buyer who is the distributor (importer). While the local or domestic involves (2nd set of invoices) would show transaction details between the distributor (who's now the seller) and the buyers or customers.
This happens because the two transactions are separate containing separate information of seller's and buyer's name, addresses, contacts details, tariffs or taxes and so on.
They will consider the team meetings to be extremely important.
Answer:
Minimum transfer price= $30
Explanation:
The transferring division, Division X currently has excess capacity which is equal to
<em>The total capacity - external sales = 40,000 - 35,000 = 5,000 units</em>
This implies that it can meet the sales request of division Y from the excess capacity without any opportunity cost.
In this situation, where the there is no opportunity cost associated with transfer, the minimum transfer price would be :
Minimum transfer price ≥ unit variable cost
Note that unit variable cost is $30.
<em>The unit variable cost of $30 represents the relevant cost per unit of producing a unit</em>
Minimum transfer price= $30
A price between $30 and $48 would be acceptable to both divisions
Answer:
Please find attached file for complete answer solution and explanation of same question.
Explanation: