TCO 10) Not all pricing methods apply to the market place. Inmanufacturing it is

TCO 10) Not all pricing methods apply to the market place. Inmanufacturing it is common practice to determine the cost of aproduct as it moves through it transformation to a finishedproduct. (1) Explain why a transfer price is required (10 points)and (2) provide an example of the application of a transfer price(10 points). (Points : 20)