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Answer :
Final answer:
The transfer price between divisions of a decentralized organization ranges from the variable cost to the market price, depending on the capacity utilization. In this case, it would be $200 when there is no excess capacity and between $80-$200 when there's excess capacity.
Explanation:
In the first scenario when there is no excess capacity and Baxter Bicycles' Trailer Division can sell all trailers to external customers at $200, the transfer price should be the market price i.e. $200. This is because selling internally at a lower price would mean foregoing that difference in revenue.
However, in the second scenario, the Trailer Division has excess capacity and sells only 20,000 trailers to outside customers. As such, the additional cost of producing another trailer to be sold to the Assembly Division is only the variable cost of $80. So, the minimum transfer price should cover the variable cost, which is $80. The maximum transfer price is the market price of $200, since the Assembly Division would not pay more than the market price.
This demonstrates that variable cost, market price, and capacity are key factors in determining the transfer price in a decentralized organization.
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