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ruskin ruskin
wrote...
Posts: 664
7 years ago
What is the Refining Division's operating income if 150 litres of oil are sold at $110 /litre and 200 litres are transferred in? Assume the transfer price is based on 175% of variable costs.
A) $16,500
B) $15,600
C) $525
D) $6,825
E) $8,500
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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btpsandbtpsand
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Posts: 1199
7 years ago
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ruskin Author
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7 years ago
Just got PERFECT on my quiz
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Yesterday
Smart ... Thanks!
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2 hours ago
Good timing, thanks!
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