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Business, 18.12.2019 05:31 bluenblonderw

Suppose that the fabric plant has 500 bolts of fb70 in beginning finished goods inventory. the current-year plan is to have 1,000 bolts of fb70 in finished goods inventory at the end of the year. this fabric has an external market price of $400 per bolt. if the fabric plant is set up as a profit center, it could sell 3,000 bolts per year to outside customers and supply 2,000 bolts per year internally to beauville’s furniture plant. if the fabric plant were designated as a profit center, the plant would transfer all goods internally at market price. using the proposed standard cost sheet (as needed) and any other relevant data, prepare the following for fabric fb70:

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