Inter-Land, Inc., transfers a product between its U.S. division and its Danish divi- sion. The… 1 answer below »
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Inter-Land, Inc., transfers a product between its U.S. division and its Danish divi- sion. The product sells for $45 in the United States. The cost of shipping to Den- mark is $3.20, and Danish duty is $9. The U.S. division pays approximately $4.50 per unit for advertising and related selling expenses.
Required
Using the comparable uncontrolled price method, calculate the transfer price.
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