Budi Cipto Gondo Sentosa Product: Flour Company type: Grocery store house, arrange consolidated income statement Buying from Budi Cipto: $25 for 50 kilos Sales per month: 30 tons Selling price to Cipto Jaya: $35 Gondo Sentosa (Sentosa Group) Cipto Jaya Ageng Sentosa Product: Flour Ageng Sentosa (Sentosa Group) Afta Sentosa (Sentosa Group) Company Type: Agriculture Variable cost per 50 kilos: $15 Capacity per month: 150 tons Selling price to Sunạn Cipto : $30 Sunan Cipto Required: Calculate and explain your answer related to the transfer pricing based on the condition: a. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 150 tons. b. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 100 tons. c. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 135 tons.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Required:

Calculate and explain your answer related to the transfer pricing based on the condition:

a. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 150 tons. 

b. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 100 tons. 

c. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 135 tons.

Please refer to the transaction between the companies.
Budi Cipto
Gondo Sentosa
Product: Flour
Company type: Grocery store house,
arrange consolidated income statement
Buying from Budi Cipto: $25 for 50 kilos
Sales per month: 30 tons
Selling price to Cipto Jaya: $35
Gondo Sentosa
(Sentosa Group)
Cipto Jaya
Ageng Sentosa
Product: Flour
Ageng Sentosa
(Sentosa Group)
Afta Sentosa
(Sentosa Group)
Company Type: Agriculture
Variable cost per 50 kilos: $15
Capacity per month: 150 tons
Selling price to Sunan Cipto : $30
Sunan Cipto
Required:
Calculate and explain your answer related to the transfer pricing based on the condition:
a. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 150 tons.
b. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 100 tons.
c. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 135 tons.
Transcribed Image Text:Please refer to the transaction between the companies. Budi Cipto Gondo Sentosa Product: Flour Company type: Grocery store house, arrange consolidated income statement Buying from Budi Cipto: $25 for 50 kilos Sales per month: 30 tons Selling price to Cipto Jaya: $35 Gondo Sentosa (Sentosa Group) Cipto Jaya Ageng Sentosa Product: Flour Ageng Sentosa (Sentosa Group) Afta Sentosa (Sentosa Group) Company Type: Agriculture Variable cost per 50 kilos: $15 Capacity per month: 150 tons Selling price to Sunan Cipto : $30 Sunan Cipto Required: Calculate and explain your answer related to the transfer pricing based on the condition: a. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 150 tons. b. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 100 tons. c. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 135 tons.
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