When the Selling Division in an Internal Transfer Has Unsatisfied

question 124

Multiple Choice

When the selling division in an internal transfer has unsatisfied demand from outside customers for the product that is being transferred,then the lowest acceptable transfer price as far as the selling division is concerned is:

• A)variable cost of producing a unit of product.
• B)the full absorption cost of producing a unit of product.
• C)the market price charged to outside customers,less costs saved by transferring internally.
• D)the amount that the purchasing division would have to pay an outside seller to acquire a similar product for its use.
• E)all the costs of producing a unit of product.

Recognize the visibility technology brings to workplace activities.

Acknowledge the political implications of using technology in the workplace.

Understand the basic concepts and roles of enzymes in catalyzing cellular reactions.

Identify the types of molecules that demonstrate enzymatic activity.

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Definitions:

Interest-bearing Note

A debt instrument that obligates the borrower to pay interest in addition to repaying the principal amount borrowed.

Journal Entry

The process of recording financial transactions in the ledger of a business, indicating debits and credits.

FICA Tax

A federal tax in the United States that funds Social Security and Medicare, required to be paid by both employees and employers.

Federal Unemployment Tax

A federal levy paid by employers to fund the unemployment account of the federal government, used to pay unemployment benefits to workers who have lost jobs.