Answer No.1 letter a and b and also No.2 letter an onlyPlease provide a complete solution The Frame Division can also sell frames directly to custom home builders, who inl uthe glass and hardware at P80.00. The markets for both frames and finished windowS orkperfect competition.Required:1. Assume that there is no excess capacity in the Frame Division.a. Use the general rule to compute the transfer price for window frames,b. Calculate the transfer price if it is based on standard variable cost with a 10percent markup of full costs2. Assume that there is excess capacity in the Frame Divisiona. Use the general rule to compute the transfer price for window frames.b. Suppose the predetermined fixed overhead rate in the Frame Division is 125percent of direct labor cost. Calculate the transfer price if it is based on standardfull cost plus a 10 percent markup.c. Assume the transfer price established in requirement 2 (b) is used. The GlassDivision has been approached by the RP Army Windows at P155. From theperspective of Greystone Corporation as a whole, should the special order beaccepted or rejected? Why?d. Assume the same facts as in requirement 2(c). Will an autonomous GlassDivision manager accept or reject the special order? Why? 10.1EGreystone Corporation manufactures windows for the home building industrywindow frames are produced in the Frame Division. The frames are then transferred heGlass Division, where the glass and hardware are installed. The company's best selling prođuais a three-by-four-foot, double-paned operable-windows. The standard cost of the windowedetailed below:Frame Division Glass DivisionDirect materialP15P30*Direct labor2015Variable overhead30P75*Not including the transfer price for the frame.30TotalP65The Frame Division can also sell frames directly to custom home builders, who installthe glass and hardware at P80.00. The markets for both frames and finished windows exhibitperfect competition.Required:

Transfer Pricing is a pricing technique in which product that is manufactured in one department is…

Answered: Answer No.1 letter a and b and also…

Business

Accounting

Answer No.1 letter a and b and also No.2 letter an only Please provide a complete solution

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Topic: Uni X U2_AS i Topic: Uni X M Question X M Question x M Question √x ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https% 253A%252F%252Flms.mheducation.com%252Fmghmiddle Complete this question by entering your answers in the tabs below. Required 1 Required 2 F2 Moab Incorporated manufactures and distributes high-tech biking gadgets. It has decided to streamline some of its operations so that it will be able to be more productive and efficient. Because of this decision it has entered into several transactions during the year. a. Moab Incorporated sold a machine that it used to make computerized gadgets for $30,600 cash. It originally bought the machine for $21,400 three years ago and has taken $8,000 in depreciation. b. Moab Incorporated held stock in ABC Corporation, which had a value of $23,000 at the beginning of the year. That same stock had a value of $26,230 at the end of the year. c. Moab Incorporated sold some of its inventory for $9,200…