What is Transfer Pricing? What are the approaches in determining transfer prices? In your own idea, identify some best practices in transfer pricing.

Q: How much is the sales required for ABC to earn P 8,000 before tax earnings? b. How much is the sales...

A: Sales required for Target Profit = (Fixed Costs + Earnings before Tax) / Contribution Ratio

Q: Question 1: For an individual who is 45 years of age and has taxable earnings of $27,400, the annual...

A: A Payroll  deduction  IRA is an retirement arrangement. The contribution  limit to payroll deduction...

Q: The Fleming Company of Anguilla (FCA) designs and produces automotive parts. In 2019, actual variabl...

A: Cost Accounting: Cost accounting is characterized as "an efficient arrangement of strategies for rec...

Q: Taxpayers choosing the Section 179 election to expense: a.May depreciate the amount of the asset cos...

A: Section 179 is a deduction allowable to the individual carrying on the business and having the tangi...

Q: Using 0 and 3,000 patient-days, the total cost at an activity level of 8,000 customer patient-days w...

A: The correct option is (a) $63,360.

Q: what is the difference between Accumulated Benefit Obligation and Projected Benefit Obligation? How ...

A: Difference between Accumulated Benefit obligation and projected benefit obligation: Accumulated  ...

Q: Numbers 2-3 Janine Company factored P5,000,000 of accounts receivable. Control was surrendered by th...

A: Weighted average is a calculation that takes into account the varying degrees of importance of the n...

Q: 1.Which of the following is not true about FICA?

A: GIVEN   the following is not true about FICA

Q: Daniel has just won the Flyball Lottery. Ha has tvo options for recsiving his prize. The first optio...

A: Answer a) Calculation of Present value if amount can be reinvested at 10% Option -1 Since the amount...

Q: Cepeda Corporation has the following cost records for June 2017. Indirect factory labor $5,420 Facto...

A: The income statement is one of the financial statements of the business which tells about the profit...

Q: Jerome's Fashion Dezigns sells a variety of items of clothing including footwear for men and uses a ...

A: Inventory is the current asset of the company. Inventory can be valued using the FIFO, LIFO, or weig...

Q: . Entity A leases computer equipment to customers under direct-financing leases. The equipment has n...

A: A lease is an arrangement where a lessor agrees to allow a lessee to control the use of the asset fo...

Q: Show the effect on assets and net worth of a loss on loans of $250. (use T sheet)

A: Loss of loan or Write of advances: When a loan is written off, the lender does so because the chance...

Q: Standard Amount per Case        Dark Chocolate      Light Chocolate      Standard Price per Pound Co...

A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for y...

Q: The role of management accountant has changed considerably over the last few decades from being prim...

A:   Nowadays most good companies in public and private sector employs Management accountants, their du...

Q: Sports Socks has a policy of always paying within the discount period and each of its suppliers prov...

A: Solution: Balance in accounts payable for a month will be purchase unpaid during particular month an...

Q: Martin Jackson receives an hourly wage rate of $15, with time and a half for all hours worked in exc...

A: Formula: Net pay = Gross pay - All deductions.

Q: under each of the E assumption: s paid cash of P1C

A: B. The capital balance of each partner is shown as,

Q: Hickory Company manufactures two products—15,000 units of Product Y and 7,000 units of Product Z. Th...

A: percentage to product Y  = overhead allocated to Y/total cost  percentage to product Z  = overhead a...

Q: The ABC Company manufactures stationary that goes through two processing stages prior to completion....

A:   The equivalent units are calculated on the basis of percentage of the work completed during the pe...

Q: ill leave a like! City Bank currently has $500 million in transaction deposits on its balance sheet....

A: New reserve requirement as, = $ 500 million x 6% = $30 million

Q: On July 9, Mifflin Company receives a $10,200, 90-day, 6% note from customer Payton Summers to repla...

A: Journal entry refers to the process of recording commercial transactions for the first time in the b...

Q: Caine Company exchanged a car from inventory for a computer to be used as a long-term asset. The fol...

A: As per IAS 16, Property, plant and Equipment If asset is purchased for value which includes payment ...

Q: BC Company declared a 10% share dividend. During declaration, the market price of the entity’s 30,00...

A: Formulas: No. of shares issued under stock dividend = No. of shares issued and outstanding x stock d...

Q: REQUIRED: Prepare the required entry to record the issuance of the ordinary shares under each of the...

A: Journal entries refers to the official book of a company which is used to record the day to day tran...

Q: Question 19: Which statement is incorrect regarding wage garnishments? Answer: А. They are only orde...

A: Wage garnishment is legal proceeding in which person earning required by court or legal proceeding.

Q: Shares were issued at 160 each but the issuance cost is 10 per share. The expected dividend to be re...

A: 1) Computation of cost of equity ( Dividend price approach ): According to the Dividend price approa...

Q: Dream Big Pillow Co., pays 65% of its purchases in the month of purchase, 30% the month after the pu...

A:  Payment in quarter 1 Jan Feb Mar  Month of purchase 33,000 x 65% = 21,450  39,000 x 65% = 25,350 ...

Q: Gladstone Limited tracks the number of units purchased and sold throughout each accounting period bu...

A: The question is based on the concept of Cost Accounting.

Q: On January 1, 20x1, Pinup Corp. acquired 34,560 outstanding ordinary shares of Slug Corp. for a cash...

A: Number of shares of slug corporation = Paid up value/par value per share    

Q: In 2021, Carlos drives from his home in Los Angeles to Oregon to consult with a client. He works for...

A: The correct answer is option (e)$175

Q: 1: An employer in Cleveland, Ohio, employs two individuals, whose taxable earnings to date (prior to...

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new ques...

Q: Matolcsy and Wells are partners. They share profits and losses equally. Their current capital accoun...

A: The partnership comes into existence when two or more persons agree to do the business and share pro...

Q: Best Appliance Store offers a two-year warranty on all appliances sold. The company estimates that 5...

A: Formula: Sales revenue = Sales units x Sales price per unit

Q: Beginning inventory, purchases, and sales for Product XCX are as follows: Sep. 1 Beginning Inventory...

A: LIFO: LIFO stands for Last-In, First-Out. In this method inventory purchased at last will be sell ou...

Q: Shilling Corp. is thinking about opening a baseball camp in Florida. In order to start the camp, the...

A:

Q: uestion 12: Match the taxes or act to the year it was established.

A: Match the following Social Security Act = 1937 Employee Retirement Income Security Act = 1974 ...

Q: Muller Computers stores its inventory in a warehouse that burned to the ground in late November, 201...

A: Calculation of ending inventory Ending inventory = Beginning inventory + Purchases - Cost of Goods s...

Q: as follows: Cash           198,000      Accounts payable          149,000  Inventory     80,000    ...

A:  Inventory            80,000  Plant Assets         2,30,000  Non Cash Assets         3,10,000 ...

Q: What are the balances in accounts receivable for January, February, and March if 65% of sales is col...

A: Following is the receivables policy: 65% of sales is collected in the month of sale; 25% is collecte...

Q: .  If a business has received cash in advance of services performed and credits a liability account,...

A: On receipt of advance the entity debit cash and credit liability Account (Unearned service revenue a...

Q: All changes in an entity's exonomic resources and claims to those resources result frim the entity's...

A: Changes in economic resources and claims: Changes in a reporting entity's economic resources and cla...

Q: If investors are less certain about the economic outlook, they will: Select one: O a. raise capital ...

A: Following is the correct answer

Q: Question 21: The income threshold for Additional Medicare Tax levied is based on the Answer: A. age ...

A: Additional Medicare Tax is an amount that is additionally paid by the tax payer contributions to the...

Q: Data for 2020 taxable year of ML partnership (Domestic corporation) including partner's own income (...

A: The essential concept of partnership taxation is that all profits and losses flow through to the par...

Q: uppose Firm X decides to decrease the price of Good A by 4%. Calculate the change in the quantity de...

A: Cross elasticity of demand= % change in quantity demanded/ % change in price of related goods 1.5 = ...

Q: Prepare an income statement for August. Monty Corp. Income Statement For the Month Ended August 31, ...

A: >Income Statement is one of the financial statement. >It shows various revenues and expens...

Q: Question 4: Of the cafeteria plans listed, which is NOT a voluntary nontaxable deduction? Answer: А....

A:  In this question we choose that which one is nontaxable deduction.There are four options medicare, ...

Q: OnJanuary 1 of the current y ear, the Jordan Morris Company purchased office machinery for $94,000. ...

A: Solution..     Rate of depreciation  = 200% ÷ life  = 200% ÷ 5  = 40% 

Q: officers, the company gives divisional management a bonus equal to 15 percent of the excess of actua...

A: Note: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-part...