Transfer Pricing 
a. Define transfer pricing and discuss its importance in decentralized organizations. Compare the different transfer pricing methods, including market-based, cost-based, and negotiated pricing.
b. XYZ Company has two divisions, Division A and Division B. Division A produces a component that can be sold externally for $80 per unit. Division B requires 1,000 units of the component per month for its final product. Division A incurs variable costs of $50 per unit and fixed costs of $20,000 per month. Determine the transfer price using cost-based, market-based, and negotiated pricing methods. Analyze the implications of each method on divisional performance and overall company profitability.