Bellingham Suit Co. has received a shipment of suits that cost $250 each. If the company uses cost-plus pricing and applies a sales price per suit? 8. markup percentage of 60%, what is the A. $417 B. $400 C. $350 D. $625 The Can Division of Fruit Products Inc. manufactures and sells tin cans externally for $0.50 per can. Its unit variable costs and unit fixed costs are $0.20 and $0.07, respectively. The Packaging Division wants to purchase 50,000 cans at $0.27 a can. Selling internally will save $0.02 a can. Assuming the Can Division has sufficient capacity, what is the minimum transfer price it should accept? 9. A. $0.20 B. $0.27 C. $0.18 D. $0.25 Assuming the Can Division is already operating at full capacity, what is the minimum transfer price it should accept? 10. A. $0.48 B. $0.55 C. $0.24 D. $0.28 11. Which one of the following is not a benefit of budgeting? A. It facilitates the coordination of activities B. It provides definite objectives for evaluating performance C. It provides assurance that the company will achieve its objectives D. It requires all levels of management to plan ahead on a recurring basis