Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Two divisions of CMI are involved in a dispute. Division A purchases Part 101 and Division B purchases Part 201 from a third division, C. Both divisions need the parts for products that they assemble. The intercompany transactions have remained constant for several years.
Recently, outside suppliers have lowered their prices, but Division C is not lowering its prices. In addition, all division managers are feeling the pressure to increase profit. Managers of divisions A and B would like the flexibility to purchase the parts they need from external parties to lower cost and increase profitability.
The current pattern is that Division A purchases 3,000 units of product part 101 from Division C (the supplying division) and another 1,000 units from an external supplier. The market price for Part 101 is $900 per unit. Division B purchases 1,000 units of Part 201 from Division C and another 1,000 units from an external supplier. Note that both divisions A and B purchase the needed supplies from both the internal source and an external source at the same time.
The managers for divisions A and B are preparing a new proposal for consideration.
Division C Data 2012 Based on the Current Agreement
Part
101
201
Direct materials
$200
$300
Direct labor
Variable overhead
$600
Transfer price
$1,000
$2,000
Annual volume
3,000 units
1,000 units
Required:
The CEO of Smartphone Apps, LLC is preparing a loan application. Using the data below (only), prepare an Income Statement
If Mowen Company offers to buy the special order units at $65 per unit, the effect of accepting the special order on Melville's operating income next year should be a what?
Which of these should be included in the initial project cash flow related to net working capital and What amount should be used as the initial cash flow for this building project
problem 1at the beginning of 20x2 dahl ltd. acquired 8 of the outstanding common shares of tippy ltd. for 400000.nbsp
Compute the amount of pension expense to be reported for 2011. (Show computations.) Prepare the journal entry to record pension expense and the employer's contribution for 2011
Look at the formulas in C4 and H4. They use the lookup function to compare the part number in B3 to the numbers in C6:F6, and "scan" the array table values in C7:F12 to find the sales in units for each month.
Inventory and Cost of sales - Need to evaluate amount of cost of goods sold using: FIFO, LIFO and weighted average.
This resulted in a loss of $4,000. Assuming that no other assets were disposed of during the year, how much was depreciation expense for 2008?
How should this transaction be reported on the statement of cash flows
Details: You are meeting with accounting department personnel to make sure they understand the importance of corporate social responsibility and how it affects the company and their specific jobs.
question 1 fixed and variable cost behaviorespresso express operates a number of espresso coffee stands in busy
Journalize the April transactions using a periodic inventory system and using T accounts, enter the beginning balances in the ledger accounts and post the April transactions.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd