Answer:
Minimum transfer price = $86
Explanation:
Pump Division is operating at full capacity, hence it has no excess capacity
This implies that it can not produce enough to meet both the internal demand (from the Pool Division ) and external buyers.
Hence, it implies that Pump Division cannot accommodate the demands of the Pump Division at a price lower than the external price of $86. Any price lower than $86 would result into a loss in contribution.
To maximize and optimize the group profit, the minimum transfer price should be set as follows:
Minimum transfer price = External selling price at which Pump Division sells to outside customers
Minimum transfer price = $86
Answer:
b. searching the Internet for a deal on a new computer
Explanation:
When one is searching the Internet for a deal on a new computer, one is comparing price on different websites. Price is an example of money being used as a unit of the account as the price of something is indicated by certain units of money.
The answer is goal setting
<span>Induction offers the following benefits and performance advantages: Faster. Because energy is directly transferred within the pan metal, cooking on an electric induction range is extremely fast - even faster than gas.</span>
The
amount of money that Eric will have after 5 years given the initial amount and
the interest per year (which we will assume to be compounded)
<span> F = P x (1 + r)^n</span>
Substituting,
<span> F =
($7,500)(1 + 0.0525)^5</span>
<span> F = $9,686</span>
<span>Therefore,
Eric will be short of about $113.39. </span>