Business, 05.03.2020 22:59, marxusalexander6552

The Mill Flow Company has two divisions. The Cutting Division prepares timber at its sawmills. The Coating Division prepares the cut lumber into finished wood for the furniture industry. No inventories exist in either division at the beginning of 20X5. During the year, the Cutting Division prepared 60,000 cords of wood at a cost of $660,000. All the lumber was transferred to the Coating Division, where additional operating costs of $5 per cord were incurred. The 60,000 cords of finished wood were sold for $20 per cord or $1,200,000. Required: a. Determine the operating income for each division if the transfer price from Cutting to Coating is at cost - $11 a cord. b. Determine the operating income for each division if the transfer price is $15 per cord.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 17:10, jasonweber8718

Teller co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes during may. each box of tile requires 44 pounds of clay mix and a quarter hour of direct labor. clay mix costs $0.40 per pound and employees of the company are paid $12.00 per hour. manufacturing overhead is applied at a rate of 110% of direct labor costs. teller has 3,900 pounds of clay mix in beginning inventory and wants to have 4,500 pounds in ending inventory. what is the total amount to be budgeted for manufacturing overhead for the month?

Answers: 1

continue

Business, 22.06.2019 00:00, necolewiggins1043

When is going to be why would you put money into saving account

Answers: 1

continue

Business, 22.06.2019 01:40, foreverrocky12p2asun

At the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events. 1. a. interns b. trainees c. members 2. a. participate b. train c. win

Answers: 2

continue

Business, 22.06.2019 11:00, ilovecatsomuchlolol

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units. required: prepare a production budget by month and in total, for the second quarter.

Answers: 3

continue

Do you know the correct answer?

The Mill Flow Company has two divisions. The Cutting Division prepares timber at its sawmills. The C...