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1. (10% of test] Lahdekorpi Oy, a Finnish corporation, owns 100 percent of Three-O Com-pany, a subsidiary incorporated in the United States. Required: Given the
1. (10% of test] Lahdekorpi Oy, a Finnish corporation, owns 100 percent of Three-O Com-pany, a subsidiary incorporated in the United States. Required: Given the limited information provided, (a) determine the best transfer pricing method and (b) the appropriate transfer price $ _in the following situation: Lahdekorpi manufactures tablecloths at a cost of $20 each and sells them to unrelated distributors in Canada for $30 each. Lahdekorpi sells the same tablecloths to Three-O Company, which then sells them to retail customers in the United States
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