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06:26 Jul 15, 2001
English to Spanish translations [PRO] Bus/Financial
English term or phrase:responsibility price
The so-called mark up internal price calculation method has been applied since 1998 in the XXX Group for supplies of finished products within the same business sector, and this method is also employed for quarterly reporting. From the Group standpoint, the mark up procedure, when properly applied, enables the automatic elimination of intra-Group profits in merchandise.
Here, the invoiced transfer price is initially broken down into a responsibility price (the responsibility price is made up of the manufacturing costs, utilisation variances and handling costs = Mark up 1) and a profit margin (Mark up 2).