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(1) A segment of Mega Inc., manufactures and sells blankets. The various models

ID: 2637092 • Letter: #

Question

(1) A segment of Mega Inc., manufactures and sells blankets. The various models of blankets are produced in a single factory using stable technology. They are sold by the sales department, also located in the factory. The segment is most probably accounted for as a(n)

A- cost center.

B - revenue center.

C - profit center.

D - investment center.

E - none of these.

(2) Division A produces a component and wants to sell it to Division B. The transfer price is

A - venue to Division 'A' and a cost to Division B.

B - revenue to Division 'B' and a cost to Division A.

C - revenue to Division 'A' and no effect on Division B.

D - a cost to Division 'B' and no effect on Division A.

A- cost center.

B - revenue center.

C - profit center.

D - investment center.

E - none of these.

(2) Division A produces a component and wants to sell it to Division B. The transfer price is

A - venue to Division 'A' and a cost to Division B.

B - revenue to Division 'B' and a cost to Division A.

C - revenue to Division 'A' and no effect on Division B.

D - a cost to Division 'B' and no effect on Division A.

Explanation / Answer

1.  
B - revenue center.

2.C - revenue to Division 'A' and no effect on Division B.