Calculate the firm wide contribution margin associated with Part 4CM and Model 7AC. Calculate the contribution margin earned by the each division.
2.
To determine
Whether it is possible to predict the transfer price that the manager of the Division C will be set and identify the minimum transfer price and maximum transfer price for this part.
3.
To determine
Explain the effect of change in the transfer pricing policy on the production decisions for Model 7AC of the manager of the Division SAC. Identify the units of Part 4CM will the manager of Division SAC purchases internally and externally.
4.
To determine
Identify the number of units of 4AC will be sold externally based on the new transfer pricing policy.
What is the length of the cash cycle in this case???
The standard cost card for one unit of a certain finished product shows
the following:
Standard Quantity or Standard Price or
Hours
Rate
Direct materials
10 pounds
$? per pound
Direct Labor
2.5 hours
$16 per hour
Variable manufacturing
1.5 hours
$10 per hour
overhead
If the total standard variable cost for one unit of finished product is $85,
then the standard price per pound for direct materials is:
A. $5.90
B. $1.74
C. $3.00
D. $4.60
General accounting question
Chapter 10 Solutions
Bundle: Cornerstones of Cost Management, Loose-Leaf Version, 4th + CengageNOWv2, 1 term Printed Access Card