Gunnison Furniture had the following historical accounting data, per hundred board feet, concerning one of its products: The shelving is normally transferred internally from the Cutting Division to the Finishing Division. It also may be sold externally for $110 per hundred board feet. The minimum profit level accepted by the company is a markup of 20 percent.
If the variable manufacturing cost transfer price method is used without a fixed fee, Gunnison Furniture's transfer price will be

Question

Gunnison Furniture had the following historical accounting data, per hundred board feet, concerning one of its products:  The shelving is normally transferred internally from the Cutting Division to the Finishing Division. It also may be sold externally for $110 per hundred board feet. The minimum profit level accepted by the company is a markup of 20 percent.
If the variable manufacturing cost transfer price method is used without a fixed fee, Gunnison Furniture's transfer price will be

Quizplus · Accepted Answer

The Answer of Gunnison Furniture had the following historical accounting data, per hundred board feet, concerning one of its products:  The shelving is normally transferred internally from the Cutting Division to the Finishing Division. It also may be sold externally for $110 per hundred board feet. The minimum profit level accepted by the company is a markup of 20 percent.
If the variable manufacturing cost transfer price method is used without a fixed fee, Gunnison Furniture's transfer price will be

Gunnison Furniture Had the Following Historical Accounting Data, Per Hundred