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Please answer all requirements. Homework: Chapter 16 and 22 Homework Save Score: 0 of 15 pts 4 of 7 (0 complete) HW Score: 0%, 0
Please answer all requirements.
Homework: Chapter 16 and 22 Homework Save Score: 0 of 15 pts 4 of 7 (0 complete) HW Score: 0%, 0 of 100 pts P22-28 (similar to) A Question Help O Cranergy Products is a cranberry cooperative that operates two divisions, a harvesting division and a processing division. Currently, all of harvesting's output is converted into cranberry juice by the processing division, and the juice is sold to large beverage companies that produce cranberry juice blends. The processing division has a yield of 500 gallons of juice per 1,000 pounds of cranberries. Cost and market price data for the two divisions are as follows: (Click to view the division data.) Read the requirements. Requirement 1. Compute Cranergy's operating income from harvesting 440,000 pounds of cranberries during June 2017 and processing them into juice. Revenues Costs Requirements . Harvesting divison Variable costs Fixed costs Total harvesting division costs Processing divsion Variable costs 1. Compute Cranergy's operating income from harvesting 440,000 pounds of cranberries during June 2017 and processing them into juice. 2. Cranergy rewards its division managers with a bonus equal to 2% of operating income. Compute the bonus earned by each division manager in 2017 for of the following transfer pricing ethods: a. 175% of full cost b. Market price 3. Which transfer pricing method will each division manager prefer? How might Cranergy resolve any conflicts that may arise on the issue of transfer pricing? D Fixed costs Total processing division costs Total costs Operating income Print Done X Data Table Harvesting Division Variable cost per pound of cranberries Fixed cost per pound of cranberries Selling price per pound of cranberries in outside market Processing Division $ 0.12 Variable processing cost per gallon of juice produced $ 0.32 $ 0.20 Fixed cost per gallon of juice produced $ 0.45 $ 0.65 Selling price per gallon of juice $ 2.10 Print Done Enter any number in the edit fields and then click Check Answer. 2Step by Step Solution
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