Answer:
C. An auction market
Explanation:
Option A is wrong because merchant wholesalers purchase any products directly from the manufacturers and sell those to the retailers, or consumers. In that case, buyers and sellers do not need to come together to complete a transaction.
Option B is incorrect as the warehouse club is recognized as a retail store where customers can purchase bulk products to reduce the expenses. In that case, only sell is the motive.
Option D is wrong because drop shippers cannot hold the inventory to their stocks. Therefore, customers and manufacturers will not come together.
<u><em>Option C</em></u> is correct because, in an auction market, the buyer and the seller have to come at the same time to complete a transaction. In that market, the buyer will directly negotiate with the seller to purchase a product or something else.
Answer:
b account payable is your answer.....
Explanation:
B. Accounts Payable
Answer:
d. $73,500
Explanation:
The computation of the estimated total manufacturing overhead for the customizing department is shown below:
= Total fixed manufacturing overhead cost + Variable manufacturing overhead cost
where,
the variable manufacturing overhead cost = Customized Direct labor-hours × Variable manufacturing overhead per direct labor-hour
= 7,000 units × $5
= $35,000
And, the Total fixed manufacturing overhead cost is $38,500
Now put these values to the above formula
So, the answer would be equal to
= $38,500 + ($7,000 hours × $5 per hour)
= $38,500 + $35,000
= $73,500
