Question: please do EACH requirement!!!! all one question Cran Benefit Products is a cranberry cooperative that operates two divisions, a harvesting division and a processing division



Cran Benefit Products is a cranberry cooperative that operates two divisions, a harvesting division and a processing division Currendy, all of harvesting's output is converted into cranberry juice by the processing division, and the juice is sold to large beverage companies that produce cranberry juice blends. The processing division has a yield of 500 gallons of juice per 1,000 pounds of cranberries Cost and market price data for the two divisions are as follows: (Click to view the division data.) Read the requirements CEC Requirement 1. Compute Cran Benefits operating income from harvesting 540,000 pounds of cranberries during June 2020 and processing them into juice Revenues Costs Harvesting division Variable costs Fixed costs Total harvesting division costs Processing division Variable costs Data table B 1 Harvesting Division 2 Variable cost per pound of cranberries $ 0.03 3 Fixed cost per pound of cranberries $ 0.29 4 Selling price per pound of cranberries in outside market $ 0.69 Processing Division Variable processing cost per gallon of juice produced Fixed cost per gallon of juice produced Selling price per gallon of juice D $ 0.29 $ 0,35 $ 2.20 X Requirement 1. Compute Cran Benefit's operating income from harvesting 540,000 pounds of cranberries during June 2020 and processing them into juice Revenues Costs Harvesting divison Variable costs Fixed costs Total harvesting division costs Processing division Variable costs Fixed costs Total processing division costs Total costs Operating income - Requirements 1. Compute Cran Benefit's operating income from harvesting 540,000 pounds of cranberries during June 2020 and processing them into juice. 2. Cran Benefit rewards its division managers with a bonus equal to 3% of operating income. Compute the bonus earned by each division manager in June 2020 for each of the following transfer-pricing methods: a. 200% of full cost b. Market price 3. Which transfer-pricing method will each division manager prefer? How might Cran Benefit resolve any conflicts that may arise on the issue of transfer pricing
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