Multiple Choice
Hasslehoff Inc., is a multinational company with divisions around the world.Division A in the United States purchases a part from Division G in Canada.There is no outside market for the part.The part is sold for $12 and normally receives a 20% markup on cost. What is the transfer price using the resale price method?
A) $10
B) $9.60
C) $12
D) $14.40
Correct Answer:
Verified
Correct Answer:
Verified
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