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mrs_skeptik [129]
3 years ago
12

Dockside Enterprises Incorporated operates two divisions: (1) a management division that owns and manages bulk carriers on the G

reat Lakes and (2) a repair division that operates a dry dock in Tampa, Florida. The repair division works on company ships and outside large-hull ships. The repair division has an estimated variable cost of $37 per labor-hour, has a backlog of work for outside ships, and charges $77 per hour for labor, which is standard for this type of work. The management division complained that it could hire its own repair workers for $47 per hour, including leasing an adequate work area. What is the minimum transfer price per hour that the repair division should obtain for its services, assuming it is operating at capacity
Business
1 answer:
elixir [45]3 years ago
4 0

Answer:

Dockside Enterprises

The minimum transfer price per hour that the repair division should obtain for its services, assuming it is operating at capacity is:

= $47.

Explanation:

Repair division's estimated variable cost per labor-hour = $37

Standard selling price per labor-hour = $77

Labor cost of the hire of outside repair workers per hour = $47

Minimum transfer price = the variable costs plus a calculated opportunity cost

Minimum transfer price = $47 ($37 + $10)

Calculated opportunity cost = $10 ($47 - $37)

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Answer:

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3 0
3 years ago
Imputed values included in GDP are the: Group of answer choices market prices of goods and services. estimated value of goods an
almond37 [142]

Answer:

The correct answer is letter "B": estimated value of goods and services that are not sold in the marketplace.

Explanation:

Imputed values are those that were not collected from factual data but are based on estimations that closely reflect reality. They can be included as part of studies but the results will have to be proved yet. While talking about the Gross Domestic Product (GDP), imputed values to represent the goods and services that are not sold in the market, such as food produced and consumed at home.

4 0
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Answer:

Check the explanation

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5 0
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