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What would be the transfer price if Division X uses full absorption cost plus markup? * A Do not use money sign. Sample format: 111.11 NUBD Company had the following historical accounting data per unit: Direct materials Direct labor Variable overhead Fixed overhead |Variable selling expenses Fixed selling expenses P60 30 15 24 45 9. The units are normally transferred internally from Division X to Division Y. The units also may be sold externally for P210 per unit. The minimum profit level accepted by the company is a markup of 25 percent. There were no beginning or ending inventories.

What would be the transfer price if Division X uses full absorption cost plus markup? * A Do not use money sign. Sample format: 111.11 NUBD Company had the following historical accounting data per unit: Direct materials Direct labor Variable overhead Fixed overhead |Variable selling expenses Fixed selling expenses P60 30 15 24 45 9. The units are normally transferred internally from Division X to Division Y. The units also may be sold externally for P210 per unit. The minimum profit level accepted by the company is a markup of 25 percent. There were no beginning or ending inventories.

FINANCIAL ACCOUNTING
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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What would be the transfer price if Division X uses full absorption cost plus markup? * . Do not use money sign. Sample format: 111.11 NUBD Company had the following historical accounting data per unit: Direct materials Direct labor |Variable overhead Fixed overhead Variable selling expenses Fixed selling expenses P60 30 15 24 45 The units are normally transferred internally from Division X to Division Y. The units also may be sold externally for P210 per unit. The minimum profit level accepted by the company is a markup of 25 percent. There were no beginning or ending inventories.
Transcribed Image Text:What would be the transfer price if Division X uses full absorption cost plus markup? * . Do not use money sign. Sample format: 111.11 NUBD Company had the following historical accounting data per unit: Direct materials Direct labor |Variable overhead Fixed overhead Variable selling expenses Fixed selling expenses P60 30 15 24 45 The units are normally transferred internally from Division X to Division Y. The units also may be sold externally for P210 per unit. The minimum profit level accepted by the company is a markup of 25 percent. There were no beginning or ending inventories.
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