What Is the Total Amount of Pre-Tax Profit from Intercompany

question 58

Multiple Choice

What is the total amount of pre-tax profit from intercompany inventory sales that was realized during 2019?

• A) $2,500.
• B) $6,200.
• C) $20,200.
• D)$22,500.

Determine the conversion costs per unit for processes with no beginning work in process inventory.

Identify the effects of materials and conversion costs on the total cost assigned to inventory.

Understand the methodology for accounting for physical units in process cost systems.

Determine the total manufacturing cost per unit based on given data of equivalent units and total costs.

---

Definitions:

Cloud Technology

A network of remote servers hosted on the Internet to store, manage, and process data, rather than on a local server or personal computer.

Salespeople

Professionals who sell products or services directly to consumers or businesses.

Mobile

Pertaining to devices that are portable, allowing for telecommunications and computing on the go.

Net Price

The price after allowance for all discounts.