120. What is a transfer price and what methods are used to set its value? 121. Define joint costs and explain how joint costs can be allocated. 122. Define an investment center. How are...

120. What is a transfer price and what methods are used to set its value?

121. Define joint costs and explain how joint costs can be allocated.

122. Define an investment center. How are investment centers evaluated?

123. List the steps required to prepare a departmental income statement.

124. Discuss some of the financial and nonfinancial performance measures that are important to United By Blue founder Brian Linton.