im_ch08 - CHAPTER 8 Pricing ASSIGNMENT CLASSIFICATION TABLE...

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Unformatted text preview: CHAPTER 8 Pricing ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Exercises A Problems B Problems * 1. Compute a target cost when a product price is determined by the market. 1, 2 1 1, 2, 3 * 2. Compute a target sell- ing price using cost-plus pricing. 3, 4, 5, 6, 7, 8 2, 3, 4, 5 3, 4, 5, 6, 7 1A, 2A 1B, 2B * 3. Use time and material pricing to determine the cost of services provided. 9, 10 6 8, 9, 10 3A 3B * 4. Determine a transfer price using the negoti- ated, cost-based, and market-based approaches. 11, 12, 13, 14, 15, 16, 17 7, 8, 9 11, 12, 13, 14, 15 4A, 5A, 6A 4B, 5B, 6B * 5. Explain the issues that arise when transfer- ring goods between divi- sions located in coun- tries with different tax rates. 18 *6. Determine prices using absorption cost pricing and variable cost pricing. 19, 20 10, 11 16, 17, 18 7A, 8A 7B, 8B * Note: All asterisked Questions, Exercises, and Problems relate to material contained in the appendix * to the chapter. 8-1 ASSIGNMENT CHARACTERISTICS TABLE Problem Number Description Difficulty Level Time Allotted (min.) 1A Use cost-plus pricing to determine various amounts. Simple 20- 30 2A Use cost-plus pricing to determine various amounts. Simple 20- 30 3A Use time and material pricing to determine bill. Simple 20- 30 4A Determine minimum transfer price with no excess capacity and with excess capacity. Moderate 20- 30 5A Determine minimum transfer price with no excess capacity. Moderate 20- 30 6A Determine minimum transfer price under different situations. Moderate 20- 30 *7A * Compute the target price using absorption cost pricing and variable cost pricing. Moderate 30- 40 *8A * Compute various amounts using absorption cost pricing and variable cost pricing. Complex 40- 50 1B Use cost-plus pricing to determine various amounts. Simple 20- 30 2B Use cost-plus pricing to determine various amounts. Simple 20- 30 3B Use time and material pricing to determine bill. Simple 20- 30 4B Determine minimum transfer price with no excess capacity and with excess capacity. Moderate 20- 30 5B Determine minimum transfer price with no excess capacity. Moderate 20- 30 6B Determine minimum transfer price under different situations. Moderate 20- 30 *7B * Compute the target price using absorption cost pricing and variable cost pricing. Moderate 30- 40 *8B * Compute various amounts using absorption cost pricing and variable cost pricing. Complex 40- 50 8-2 BLOOM’S TAXONOMY TABLE 8-3 STUDY OBJECTIVES 1. COMPUTE A TARGET COST WHEN A PRODUCT PRICE IS DETERMINED BY THE MARKET. 2. COMPUTE A TARGET SELLING PRICE USING COST- PLUS PRICING. 3. USE TIME AND MATERIAL PRICING TO DETERMINE THE COST OF SERVICES PROVIDED. 4. DETERMINE A TRANSFER PRICE USING THE NEGOTIATED, COST-BASED, AND MARKET-BASED APPROACHES....
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This note was uploaded on 05/08/2008 for the course ACC 210 taught by Professor John during the Spring '08 term at South Central College: Faribault Campus.

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im_ch08 - CHAPTER 8 Pricing ASSIGNMENT CLASSIFICATION TABLE...

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