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Could you please calculate net profit after tax when the transfer price is based on total cost plus mark-up of 20 % assuming all units

Could you please calculate net profit after tax when the transfer price is based on total cost plus mark-up of 20 % assuming all units produced are purchased solely by Australian Electronics?

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Life Good Electronics Company, an Australian firm, operates a subsidiary in Singapore (Singapore Electronics) which produces guitars. The following information has been provided to you: 1. The production cost of $120 per unit based on operations at full capacity of 10 000 units. Singapore Electronics sells the guitars to two customers in Australia- Australian Electronics (a fully owned subsidiary of Life Good Electronics Company) and Target Australia (an independent customer). 2. Operating expenses are $15 per unit in Australia and $10 in Singapore. 3. The cost to transport the guitars to Australia is $15 per unit and is paid by Singapore Electronics. 4. Other Singaporean manufacturers of guitars sell them to customers in Australia at a mark-up on total cost of 20 percent. 5. Target and Australian Electronics pays applicable Australian import duties on its purchases from Singapore Electronics. 6. Target places a reasonable mark-up on guitars and sells them at a retail price of $324 per unit. Australian Electronics sells the guitars at a retail price of $333 per unit. 7. In Australia import duty is 20%. Import duties are deductible for tax purposes. 8. In Australia income tax rate is 35% and in Singapore income tax rate is 15%

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