Please answer No. 2 Letter b,c and dProvide a complete solution. Thank You 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: 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?

The question is based on the concept of Cost Accounting. As per Bartleby guidelines we are allowed…

Greystone Corporation manufactures w frames are produced in the Frame Division, where the glass and hardware ree-by-four-foot, double-paned operab- d below: Frame Division P15 Direct material Direct labor 20 Variable overhead 30 P65 *Not including the transfer price for the Total The Frame Division can also sell fram s and hardware at P80.00. The marke ompetition.