Chen company's small motor division manufactures a number of small motors used in household and office appliances. the household division of chen then assembles and packages such items as blenders and juicers. both divisions are free to buy and sell any of their components internally or externally. the following costs relate to small motor ln233 on a per unit basis. fixed cost per unit $4.90 variable cost per unit $10.60 selling price per unit $34.80 (a) assuming that the small motor division has excess capacity, compute the minimum acceptable price for the transfer of small motor ln233 to the household division. (round answer to 2 decimal places, e. g. 10.50.) minimum transfer price $enter the minimum transfer price per unit in dollars rounded to 2 decimal places per unit

Kandon enterprises, inc., has two operating divisions; one manufactures machinery and the other breeds and sells horses. both divisions are considered separate components as defined by generally accepted accounting principles. the horse division has been unprofitable, and on november 15, 2018, kandon adopted a formal plan to sell the division. the sale was completed on april 30, 2019. at december 31, 2018, the component was considered held for sale. on december 31, 2018, the company’s fiscal year-end, the book value of the assets of the horse division was $415,000. on that date, the fair value of the assets, less costs to sell, was $350,000. the before-tax loss from operations of the division for the year was $290,000. the company’s effective tax rate is 40%. the after-tax income from continuing operations for 2018 was $550,000. required: 1. prepare a partial income statement for 2018 beginning with income from continuing operations. ignore eps disclosures. 2. prepare a partial income statement for 2018 beginning with income from continuing operations. assuming that the estimated net fair value of the horse division’s assets was $700,000, instead of $350,000. ignore eps disclosures.