This topic contains a solution. Click here to go to the answer

Author Question: Lakeside Industries' operates as a decentralized organization. Its fishing gear division ... (Read 12 times)

Caileynorton

  • Full Member
  • ***
  • Posts: 132
Lakeside Industries' operates as a decentralized organization. Its fishing gear division manufactures fishing lures. The fiberglass division manufactures one component needed by the fishing gear division. The fishing gear division has been purchasing the component from an outside supplier, but top management has suggested that all purchases be acquired from another Lakeside division if possible. Detailed unit cost for the fiberglass component needed to make lures is given below:

Price charged to regular customers$2.00
Direct material$0.80
Direct labor0.60
Manufacturing overhead  0.20
Total cost per unit$1.60

The manufacturing overhead is 60% fixed and 40% variable.

Required:

a.What is the transfer price if Lakeside uses the cost-based price?
b.What is the minimum transfer price?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Caileynorton on Feb 5, 2023

latoyia.cook

  • Full Member
  • ***
  • Posts: 145
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 44% of students answer this correctly




Caileynorton

  • Member
  • Posts: 132
Reply 2 on: Feb 5, 2023
:D TYSM


kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

For a complete list of videos, visit our video library