Benevolent Corporation uses a hybrid transfer pricing scheme for product Y which is produced by its Dallas division and consumed by the Houston division. Specifically, it allows a market price of $90 per unit for the Dallas division and $75 per unit as the transfer price for the Houston division. 2000 units of product Y were transferred during the month of October 2017. As a result of this transfer, Benevolent Corporation would A.
debit a corporate cost account for an amount of $30,000

B.
credit a corporate revenue account for an amount of $30,000

C.
Lose $180,000 in profit

D.
credit Houston with a revenue of $150,000

E.
debit Dallas with a cost of $180,000

Which of the following best describes biochemical evidence that would not support the modern concept of evolution? a. a bacterium that uses inorganic materials to produce energy b. an organism that does not undergo cellular respiration c. a species of bacteria that is capable of photosynthesis d. an organism that undergoes both aerobic and anaerobic respiration

On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.

Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.