The product that would be considered part of the business-to-business market is the <u>b) Lumber needed to make furniture</u>.
<h3>What is a business-to-business market?</h3>
A business-to-business market describes a process whereby goods or services are exchanged for the production of other goods or services.
In this market, the buying organization is not the final consumer but a producer of goods from the purchased inputs.
<h3>Question Completion with Answer Options:</h3>
a) Classes at a university for a college freshman
b) Lumber needed to make furniture
c) A haircut from a salon
d) Appliances needed for your home
Thus, the product that would be considered part of the business-to-business market is the <u>b) Lumber needed to make furniture</u>.
Learn more about the business-to-business market at brainly.com/question/25492268
#SPJ1
Answer:
Please see below
Explanation:
Given that:
Number of chairs sold = 35,000
Cost per chair $79
The cost of goods sold that must be eliminated from the consolidated
= Number of chairs sold × Cost per chair
= 35,000 × $90
= $2,765,000
Therefore, for computing the cost of goods sold to be eliminated, we simply multiply the number of chairs sold with cost per chair.
The answer & explanation for this question is given in the attachment below.
To start their own business, usually this supports their local economy however still depending on their success.
Answer:
cost of goods sold = $36,285
ending inventory = $1,742
Explanation:
when you use the weighted average cost method you have to calculate the COGS using the total number of units and the total amount paid for them.
beginning inventory = 71 units for $5,325
purchase 1 = 262 units for $18,864
purchase 2 = 187 units for $13,838
total 524 units for $38,027
cost per unit = $38,027 / 524 units = $72.57
cost of goods sold = 500 units x $72.57 = $36,285
ending inventory = 24 units x $72.57 = $1,741.68 ≈ $1,742
