Rags-to-riches corporation has two divisions, x and y. division x sells its product to division y. standard costs for division x are as follows: direct materials $ 4 per unit direct labor 2 per unit variable overhead 5 per unit fixed overhead 3 per unit total $14 per unit what is the transfer price for division x based on standard variable cost plus a markup of 25 percent?

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: