Please see attached for questions. Only answers needed. thanks!

Q111 Appropriate Transfer Prices: Opportunity Costs Plains Peanut Butter Company recently acquired a peanutprocessing company that has a normal annual capacity of 3,000,000 pounds and that sold 2,700,000 pounds last year at a price of $2.00 per pound. The purpose of the acquisition is to furnish peanuts for the peanut butter plant, which needs 700,000 pounds of peanuts per year. It has been purchasing peanuts from suppliers at the market price. Production costs per pound of the peanutprocessing company are as follows: Direct materials $0.50 Direct labor 0.26 Variable overhead 0.11 Fixed overhead at normal capacity 0.21 Total $1.08 Management is trying to decide what transfer price to use for sales from the newly acquired Peanut Division to the Peanut Butter Division. The manager of the Peanut Division argues that $2.00, the market price, is appropriate. The manager of the Peanut Butter Division argues that the cost price of $1.08 (or perhaps even less) should be used since fixed overhead costs should be recomputed. Any output of the Peanut Division up to 2,700,000 pounds that is not sold to the Peanut Butter Division could be sold to regular customers at $2.00 per pound. (a) Compute the annual gross profit for the Peanut Division using a transfer price of $2.00. $Answer (b) Compute the annual gross profit for the Peanut Division using a transfer price of $1.08. $Answer Q113 Income Statements Segmented by Territory Script, Inc., has two product lines. The September income statements of each product line and the company are as follows: SCRIPT, INC. Product Line and Company Income Statements For Month of September Pens Pencils Total Sales $25,000 $30,000 $55,000 Less variable expenses (10,000 (12,000) (22,000) ) Contribution margin 15,000 18,000 Less direct fixed expenses (9,000) (8,000) (17,000) Product margin $6,000 $10,000 Less common fixed expenses 33,000 $16,000 (6,000) Net income $10,000 Pens and pencils are sold in two territories, Florida and Alabama, as follows: Florida Alabama Pen sales Pencil sales Total sales $14,000 $11,000 4,000 26,000 $18,000 $37,000 The preceding common fixed expenses are traceable to each territory as follows: Florida fixed expenses $2,000 Alabama fixed expenses 3,000 Home office administration fixed expenses 1,000 Total common fixed expenses $6,000 The direct fixed expenses of pens, $9,000, and of pencils, $8,000, cannot be identified with either territory. The company's accountants were unable to allocate any of the common fixed expenses to the various segments. Prepare income statements segmented by territory for September, including a column for the entire firm. Do not use negative signs with your answers. Script, Inc. Territory and Company Income Statements For the Month of September Florida Alabama Company Totals Sales: Pens $Answer $Answer $Answer 0 Answer Answer 0 Pencils Answer Answer 0 Answer 0 Total sales 0 0 0 Answer 0 0 Variable costs: Pens Answer Answer 0 Answer Answer 0 Pencils Answer Contribution margin Answer 0 Answer 0 $Answer 0 0 0 Answer 0 $Answer Territory margin Answer Answer Answer 0 0 0 Direct fixed expenses Answer Answer Answer 0 0 0 Total Answer 0 0 Answer 0 0 Common fixed expenses: Pens Pencils Answer 0 Answer 0 Answer Home office 0 Script, Inc. Territory and Company Income Statements For the Month of September Florida Alabama Company Totals Answer 0 Total $Answer 0 Net income Q123 Time Value of Money: Basics (d) An initial investment of $37,260 is to be returned in eight equal annual payments. Determine the amount of each payment if the interest rate is 6 percent. $ Answer (e) A proposed investment will provide cash flows of $50,000, $8,000, and $5,000 at the end of Years 1, 2, and 3, respectively. Using a discount rate of 16 percent, determine the present value of these cash flows. Year 1 $ Answer 0 Year 2 $ Answer 0 Year 3 $ Answer 0 (f) Find the present value of an investment that will pay $9,000 at the end of Years 10, 11, and 12. Use a discount rate of 10 percent. $ Answer 52252 Q124 NPV and IRR: Equal Annual Net Cash Inflows Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $9,460, has predicted cash inflows of $2,000 per year for 16 years, and has no salvage value. (a) Using a discount rate of 16 percent, determine the net present value of the investment proposal. (Round to the nearest whole number.) $ Answer 0 (b) Determine the proposal's internal rate of return. Answer 0 % (c) What discount rate would produce a net present value of zero? Answer 0 % Q125 Ranking Investment Proposals: Payback Period, Accounting Rate of Return, and Net Present Value Presented is information pertaining to the cash flows of three mutually exclusive investment proposals: Proposal X Proposal Y Proposal Z Initial investment $52,000 $52,000 $52,000 Year 1 50,000 26,000 52,000 Year 2 2,000 26,000 Year 3 27,000 27,000 0 0 0 3 years 3 years 1 year Cash flow from operations Disinvestment Life (years) (a) Select the best investment proposal using the payback period, the accounting rate of return on initial investment, and the net present value criteria. Assume that the organization's cost of capital is 10 percent. Round accounting rate of return four decimal places. Round net present value to the nearest whole number. Use negative signs with your answers, when appropriate. Proposal X Payback period (years) Accounting rate of return Net present value Answer Proposal Y Answer 0 Answer Answer Best proposal Answer 0 Answer 0 Answer 0 Answer Answer Answer 0 Answer 0 0 Answer Proposal Z 0 0