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  3. the following information relates to labor forthe

The following information relates to labor forThe Gear Division of Bicycle Bob produces a...

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Accounting

The following information relates to labor forThe Gear Division of Bicycle Bob produces
a 12-speed gear that it sells to its
customers for $13 per unit. Its unit
variable cost is $4.60, and its unit fixed
cost is $4.06. Top management of Bicycle
Bob would like the Gear Division to
transfer 4,000 gears to another division
within the company at a price of $11. The
Gear Division has no excess capacity to
provide the units. What is the minimum
transfer price that the Gear Division
should accept? (Round answer to 2
decimal places (e.g.,52.75).)
Minimum transfer price per unit
Pharoah Appliance Repair Shop.
The desired profit margin per hour is $28. The
material loading charge is 60% of invoice cost.
Pharoah estimates that 5,600 labor hours will
be worked next year. If Pharoah repairs a
dishwasher that takes 1.5 hours to repair and
uses parts that cost $70, compute the bill for
the job.
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