Explain why using cost as a transfer price is inappropriate when the center producing the product is
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
A profit center is evaluated based upon its ability to generate profits If cost i...View the full answer
Answered By
BETHUEL RUTTO
Hi! I am a Journalism and Mass Communication graduate; I have written many academic essays, including argumentative essays, research papers, and literary analysis. I have also proofread and written reviews, summaries and analyses on already finished works. I am eager to continue writing!
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
Question Posted:
Students also viewed these Managerial Accounting questions
-
Describe two problems that can arise when using actual full cost as a transfer price.
-
Damico Company's Board Division manufactures an electronic control board that is widely used in high-end DVD players. The cost per control board is as follows: Variable cost per board . . . . . . . ....
-
Lynsar Corporation started as a single plant to produce its major components and then assembled its main product into electric motors. Lynsar later expanded by developing outside markets for some...
-
What does this code print (unless it produces an error)? print(int("trick1".upper()[-1])==1)
-
In advertising, what do we mean by an idea? What is the connection between an idea and a creative concept?
-
A camera is set up at the starting line of a drag race 50 ft from a dragster at the starting line (camera 1 in the figure). Two seconds after the start of the race, the dragster has traveled 100 ft...
-
Show that (a) h-u-T2 a(f/T) ---7 ((^/7). - ("x/7)) ((g/T)
-
Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year: a. Current ratio b. Quick ratio c. Cash ratio d. Debt-equity ratio and equity multiplier...
-
In your own words, describe the advantages and disadvantages of consumer credit. What would you say to someone who said that consumer credit should always be avoided?
-
Electronic Heaven, Inc., sells electronic merchandise, including a personal computer offered for the first time in September, which retails for $695. Sales of this personal computer for the next...
-
What are some of the uses that management may make of accounting information about individual responsibility centers of the business?
-
In a responsibility accounting system, should the recording of revenue and costs begin at the largest areas of responsibility or the smallest? Explain.
-
In problem, solve each logarithmic equation. Express irrational solutions in exact form and as a decimal rounded to three decimal places. log x + log(x + 15) = 2
-
Visit the MarketWatch websiteat www.bigcharts.com Select the Historical Quotes tab. In the blank box next to Enter Symbol type MCD and in theblank box next to Enter Date type 12/30/2009. Press the...
-
Twin Rivers Corporation has budgeted for the following sales: Test 2 22 24 25.png Credit Sales are collected as follows: 40% in the month of sale and 60% in the month following the sale. What is the...
-
(3 points) A single-variable polynomial of degree n is written as ao+a1x+a2x +. ... + Anxn where an,..., ao are coefficients. Suppose we represent such a polyno- mial as a list (ao, a1, a2, ..., an)....
-
The capital accounts of Trent Henry and Tim Chou have balances of $ 1 3 6 , 5 0 0 and $ 9 5 , 5 0 0 , respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys...
-
BUDGET For example, the discrepancy in local promotion expenses may have been a legitimate result of a one-off approval taken from Head Office and have caused an unfavourable variance of $50,000. The...
-
Write a method called kthSmallest that accepts a PriorityQueue of integers k and an integer as parameters and returns the kth-smallest integer from the priority queue. For example, if the queue...
-
Simplify the expression. Assume that all variables are positive. 23VI1 2 V44 8
-
How does depreciation expense differ from other operating expenses?
-
Explain the need for closing entries and describe the process by which temporary owners equity accounts are closed at year-end.
-
Explain the need for closing entries and describe the process by which temporary owners equity accounts are closed at year-end.
-
1 . Customs officers had the right to break into the colonists' houses without their permission. This act represents a potential threat and violation of the colonists' property rights and privacy...
-
You invest $1,000 in an account that pays interest at 12 percent annual rate, compounded quarterly. How much would your investment grow to in 5 years? You plan to purchase a BMW M5 sedan for $85,000....
-
Consider Hurd Co., a U.S.-based MNC with a subsidiary in Mexico that deals in Mexican pesos (MXP). The subsidiary requires MXP200,000,000 to finance its operations over the next three years. Assume...
Study smarter with the SolutionInn App