can someone please explain to me as what am i doing wrong? thank you
Negotiated Transfer Price Me Bailey asks that you prepare Divisional income Statements showing what 20 results would have been had the Audition purchased after the you that, with the excess capacity of the Tax Division of 100 hours, the Audit Division can perform 4 more audits during the year, and the division would get of per hour to be paid to the site additional hours required, with the Tax Division selling all its excess capacity to the division. The Tax Division would still be responsible for pering the sales termes Complete the following Divisional Income Statements. If there is no amount or an amount is zero, enter" As, Inc. Divisional Income Statements For the Year Ended December 31, 2018 Audit Division Tax Division Total Company Fees earned: Audit fees (16 engagements) $1,200,000 $1,200,000 Tax fees (45 engagements) $700.750 700.750 Transfer pricing fees Expenses: Variable: Audit hours provided by Audit Division (210,0001 (216,000) Tax hours provided by Tax Division (253,500) (263,5001 Excess capacity hours paid to salaried stall 0 0 Audit hours provided by Tax Division (65,500) (50,000) (11 Fixed expenses Operating income before support department allocations Support department allocations for payroll Operating income | 12,0 Mr. Bailey asks that you prepare Divisional Income Statements showing what 2018 results would have been had the Audit Division purchased all the excess capacity of the Ta you that, with the excess capacity of the Tax Division of 800 hours, the Audit Division can perform 4 more audits during the year, and the Audit Division would agree to a ne additional hours required, with the Tax Division selling all its excess capacity to the Audit Division. The Tax Division would still be responsible for paying the salaries of their Complete the following Divisional Income Statements. If there is no amount or an amount is zero, enter "0". BOR CPAs, Inc. Divisional Income Statements For the Year Ended December 31, 20Y8 Audit Division Tax Division Total Company Fees earned: $1,200,000 Audit fees (16 engagements) Tax fees (45 engagements) Transfer pricing fees $1,200,000 708,750 $708,750 Expenses: Variable: Audit hours provided by Audit Division (216,000) Tax hours provided by Tax Division (283,500) (216,000) (283,500) o Excess capacity hours paid to salaried staff 0 (50,000) (65,500) (115,500) Audit hours provided by Tax Division Fixed expenses Operating income before support department allocations Support department allocations for payroll Operating income Feedback Calculator Mr Bailey asks that you prepare Divisional Income Statements showing what 2018 results would have been had the Audit Division purchased all the excess capacity of the Tax Division, you that, with the excess capacity of the Tax Division of B00 hours, the Audit Division can perform 4 more audits during the year, and the Audit Division would agree to a negotiated rate additional hours required, with the Tax Division selling all its excess capacity to the Audit Division. The Tax Division would still be responsible for paying the salaries of their employees Complete the following Divisional Income Statements. If there is no amount or an amount is zero, enter "0". BOR CPAS, Inc. Divisional Income Statements For the Year Ended December 31, 20YB Audit Division Tax Division Total Company Fees earned: $1,200,000 Audit fees (16 engagements) Tax fees (45 engagements) Transfer pricing fees $1,200,000 708,750 $708,750 Expenses: Variable: (216,000) Audit hours provided by Audit Division Tax hours provided by Tax Division Excess capacity hours paid to salaried staff (216,000) (283,500) (283,500) 0 07 Audit hours provided by Tax Division (50,000) (65,500) (115,500) Fixed expenses Operating Income before support department allocations Support department allocations for payroll Operating income Negotiated Transfer Price Mr. Bailey asks that you prepare Divisional Income Statements showing what 2018 results would have been had the Audit Division purchased all the exce you that, with the excess capacity of the Tax Division of 800 hours, the Audit Division can perform 4 more audits during the year, and the Audit Division additional hours required, with the Tax Division selling all its excess capacity to the Audit Division. The Tax Division would still be responsible for paying Complete the following Divisional Income Statements. If there is no amount or an amount is zero, enter"0". BOR CPAS, Inc. Divisional Income Statements For the Year Ended December 31, 2018 Audit Division Tax Division Total Company Fees eamed: $1,200,000 Audit fees (16 engagements) Tax fees (45 engagements) Transfer pricing fees $1,200,000 708,750 $708,750 Expenses: Variable: Audit hours provided by Audit Division (216,000) (216,000) (283,500) (283,500) Tax hours provided by Tax Division o 0 Excess capacity hours paid to salaried staff Audit hours provided by Tax Division (50,000) (65,500) (115,500) Fixed expenses Operating income before support department allocations Support department allocations for payroll Operating income
