Which kind of costs could be by closing a sales eliminated office?
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- A transfer pricing arrangement that uses the price that would be charged to an external customer is a______. A. market-based approach B. negotiated approach C. cost approach D. decentralized approachA transfer pricing structure that considers the opportunity costs of selling to internal rather than external customers uses_______. A. the cost approach B. the general transfer pricing approach C. the market-based approach D. the opportunity cost approachWhat is a general rule to remember with respect to a sell-or-process-further environment, and what costs are irrelevant to the decision?
- The lower of cost or net realizable value basis of valuing inventories is example of ? A) the cost principle. B) prudence. C) consistency. D) comparability.The company uses the opportunity cost approach to transfer pricing. What is the minimum transfer price in Case 1?Ac. When a transaction involves multiple performance obligations in a single transaction Select one : a . All revenue can be recognized once the product has been delivered and the service has been provided . b . The revenue must be deferred until the last performance obligation has been completed c . The performance obligations involve products but not services d . The seller must separate the revenue into two or more elements
- How do you determine relevant costs associated with special sales offerWhich of the following is relevant to Limited's decision to accept a special order at a lower price?the shipping costs to the customer CEO's salary Limited's investment its warehouse the cost of its furniture and fixturesThe three common approaches to setting transfer prices include: the _____ price approach, where the transfer price is the price at which the product or service transferred could be sold to outside buyers; the _____ price approach allows the managers to agree among themselves on a transfer price; and the _____ price approach, where cost is used to set transfer prices. cost; market; negotiated market; cost; negotiated market; negotiated; cost negotiated; market; cost none of the above
- i.“Differential Costs” are considered as relevant, where as “sunk Cost ” is considered asirrelevant for decision making purposes. Explain ii. Why opportunity cost is measured and relate with the evaluation of alternative, can it bean opportunity loss? iii. Which one either spoiled goods or defective goods are less economical for the companyand why?Calculate the lowest acceptable transfer price for the seller (Division A) ?Which of the following costs are irrelevant to business decisions? a. Avoidable costs b. Costs that differ between alternatives c. Sunk costs d. Variable costs
