Cost Transfer Price Me Boleydes that you prepare Divisional Income Statements showing wut 20 results would have been had the Audit Division purchased the cost of the two sing a contrase price The anal managers tell you that with the excess capacity of the Tax Division of hours, the Audit Division can perform more udts during the year, and the Audition the the internal hourly rate of 550 per hour for the additional tours required, with the Tax Division selling is exces capacity to the Audition. The Two would be more for paying the the employees Complete the following Donncome Statements. If there is no amount or an amount is zero, entero BOR CPAS, Inc. Divisional income Statements For the Year Ended December 31, 2048 Audit Division Tax Division Total Company For earned Aadt fees (16 engagements) $1,200,000 $1.200.000 Tox fees (45 engagements) $700.750 700.750 Transfer pricing fees 40,000 40 (10) Expenses (150.000) (180.000) (236,250) (296.2503 0 Audit hours provided by Audit Division Tax hours provided by Thx Division Excess capacity hours paid to started staff Audit hours provided by Tax Division Fixed expenses Operating income before support department allocations Support department allocations for payroll 40.000 (50,000) 930,000 4,400, (65,500) 407,000 (115.500) 1,337,000 -90,000 X x 930.000 X Operating income CengageNOW2 Online tech X agenow.com/ilm/takeAssignment/assignmentOverview.do Not og Pem Cast Transfer Price Mr. Balyses that you prepare Divisional Income Statements showing what 2078 results would have been had the Audit Division purchased all the excess capasty of the Tax Division using a cost transfer price The divisional managers tell you that with the excess capacity of the Tax Division of 800 hours, the Audit Division can perform 4 more hudts during the year, and the Audit Division would pay the Tax Division's Internal hourly rate afsso per hour for the additional hours required, with the Tax Division seling all its excess capacky to the Audit Division. The Tax Divison would still be responsible for paying the salarim of ther employees Complete the following Divisional Income Statements: If there is no amount or an amount is zero, entero BOR CPAs, Inc. Divisional Income Statements For the Year Ended December 31, 2018 Audit Division Tax Division Total Company Foscared Audit fees (16 ngagements) $1,200,000 $1.200,000 Tax fees (45 engagements) 5700.750 708,750 Transfer pricing fees 40,00 / 40,000 Esperses Variste Audit hours provided by Audit Division (180,000) (180,000) Thx hours provided by the Division (236,250) (236,250) Excess capacity hours paid to salaried staff 0 Audit hours provided by Tak Division 40.000 40,000 Fixed expenses (50,000) (65.500) (115.500) Operating income before support department locations 930,000 407,000 1,337,000 Support department allocations for payroll 90,000 x X X Dicting income 930,000 X 0 Ceck My Work Emailructor Save and East Sutinent for andre 0 e 67 PM 4/11/2021 Cost Transfer Price Me Boleydes that you prepare Divisional Income Statements showing wut 20 results would have been had the Audit Division purchased the cost of the two sing a contrase price The anal managers tell you that with the excess capacity of the Tax Division of hours, the Audit Division can perform more udts during the year, and the Audition the the internal hourly rate of 550 per hour for the additional tours required, with the Tax Division selling is exces capacity to the Audition. The Two would be more for paying the the employees Complete the following Donncome Statements. If there is no amount or an amount is zero, entero BOR CPAS, Inc. Divisional income Statements For the Year Ended December 31, 2048 Audit Division Tax Division Total Company For earned Aadt fees (16 engagements) $1,200,000 $1.200.000 Tox fees (45 engagements) $700.750 700.750 Transfer pricing fees 40,000 40 (10) Expenses (150.000) (180.000) (236,250) (296.2503 0 Audit hours provided by Audit Division Tax hours provided by Thx Division Excess capacity hours paid to started staff Audit hours provided by Tax Division Fixed expenses Operating income before support department allocations Support department allocations for payroll 40.000 (50,000) 930,000 4,400, (65,500) 407,000 (115.500) 1,337,000 -90,000 X x 930.000 X Operating income CengageNOW2 Online tech X agenow.com/ilm/takeAssignment/assignmentOverview.do Not og Pem Cast Transfer Price Mr. Balyses that you prepare Divisional Income Statements showing what 2078 results would have been had the Audit Division purchased all the excess capasty of the Tax Division using a cost transfer price The divisional managers tell you that with the excess capacity of the Tax Division of 800 hours, the Audit Division can perform 4 more hudts during the year, and the Audit Division would pay the Tax Division's Internal hourly rate afsso per hour for the additional hours required, with the Tax Division seling all its excess capacky to the Audit Division. The Tax Divison would still be responsible for paying the salarim of ther employees Complete the following Divisional Income Statements: If there is no amount or an amount is zero, entero BOR CPAs, Inc. Divisional Income Statements For the Year Ended December 31, 2018 Audit Division Tax Division Total Company Foscared Audit fees (16 ngagements) $1,200,000 $1.200,000 Tax fees (45 engagements) 5700.750 708,750 Transfer pricing fees 40,00 / 40,000 Esperses Variste Audit hours provided by Audit Division (180,000) (180,000) Thx hours provided by the Division (236,250) (236,250) Excess capacity hours paid to salaried staff 0 Audit hours provided by Tak Division 40.000 40,000 Fixed expenses (50,000) (65.500) (115.500) Operating income before support department locations 930,000 407,000 1,337,000 Support department allocations for payroll 90,000 x X X Dicting income 930,000 X 0 Ceck My Work Emailructor Save and East Sutinent for andre 0 e 67 PM 4/11/2021