The Pillar Division of the Gothic Building Company produces basic pillars which can be sold to outside customers or sold to the Lantern Division of the Gothic Company. Last year, the Lantern Division bought all of its 25,000 pillars from Pillar at $1.50 each. The following data are available for last year's activities of the Pillar Division: Capacity in units 300,000 pillars Selling price per pillar to outside customers $1.75 Variable costs per pillar $0.90 Fixed costs, total $150,000 The total fixed costs would be the same for all the alternatives considered below. Suppose the transfers of pillars to the Lantern Division cut into sales to outside customers by 15,000 units. What is the lowest transfer price that would not reduce the profits of the Pillar Division?
Answers: 3
Business, 22.06.2019 11:00, neash19
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 3
Business, 22.06.2019 19:50, annabanana1298
Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?
Answers: 1
Business, 22.06.2019 21:40, brianmondesir1owahud
Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.
Answers: 2
Business, 22.06.2019 22:00, vanessacasillas452
What resourse is both renewable and inexpensive? gold coal lumber mineral
Answers: 1
The Pillar Division of the Gothic Building Company produces basic pillars which can be sold to outsi...
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