Question
View Policies Current Attempt in Progress Pharoah Corporation's Longboat division's segment margin as a percentage of net sales is 11% for the current reporting period.
View Policies Current Attempt in Progress Pharoah Corporation's Longboat division's segment margin as a percentage of net sales is 11% for the current reporting period. The division has net sales revenue of $2523100. Operating assets were $897000 at the beginning of the period and $1297000 at the end. What is the divisin's asset turnover? 2.81 2.55 O 2.30 O 1.95 Save for Later Attempts: 0 of 1 used Submit Answer ent Attempt in Progress ullumber Company produces flash drives. The Custom division would like to buy 1034000 units om the Thumb Drive division, which currently has sufficient excess capacity. The units are ormally sold for $10.74. The Thumb Drive division's variable production cost per unit is $4.60, wariable selling and administrative expenses are $3.30 and fixed cost per unit are $2.90. The drives Could be purchased from another company for $10.00. Both the Thumb Drive and the Custom divisions are operated as profit centers. If the company choses to use a cost-plus-based transfer price based on variable cost for the drives, what transfer price would the company use assuming a 50% markup? O $2.10 O $11.85 O $10.00 O $10.80
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