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3 years ago

An example of business-to-business sales is selling ________.

Business

1 answer:

uysha [10]3 years ago

5 0

Answer:

a) grocery items to grocery stores

Explanation:

Business -to -business (B2B) sales occur between different companies unlike Business to Consumer (B2C) sales that are between a company and a individual customers. To answer this question, you identify an option that shows that a wholesaler sells goods to a retailer who then sells to a customer which is supply of grocery items to grocery stores.

'Automobile insurance to a pet shop owner' and 'evening gowns to Oscar award nominees' are B2C. And 'a washing machine to a theatre company' is irrelevant

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Kaylene is making pasta for her family's dinner, and has a big pot of tomato sauce simmering on the stove. kaylene tastes it and

Natali5045456 [20]

The added salt did not exceed the Kaylene's PERCEPTUAL threshold. Perception involves interpreting information send by our senses. Threshold refers to the minimum quantity of a thing that can produce effect. There are different types of threshold. Perceptual threshold refers to the point where one can maintain the perception of a product.

3 0

3 years ago

Managerial accounting includes the planning function. Which of the following items would be part of the planning function of a

Scilla [17]

Answer:

It is choosing goals and deciding how to achieve them (D)

Explanation:

As part of the planning process, managerial accountant guides management during goals and objectives formulation for the organization .

Management accounting provides past, futuristic and external information that can help management make informed planning and decision as regard setting various organizational goals and objectives including financial, operational ,strategic,market goal etc a

6 0

3 years ago

Keyser Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Darya [45]

Answer:

Net operating income= 11,600

Explanation:

Giving the following information:

Selling price $118

Variable costs per unit:

Direct materials $37

Direct labor $23

Variable manufacturing overhead $3

Variable selling and administrative expense $5

Fixed costs:

Fixed manufacturing overhead $73,500

Fixed selling and administrative expense $29,900

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

First, we need to calculate the total variable cost per unit:

Total variable cost per unit= 37 + 23 + 3 + 5= $68

Income statement:

Sales= 118*2,300= 271,400

Total variable cost= 68*2,300= (156,400)

Total contribution margin= 115,000

Fixed manufacturing overhead= (73,500)

Fixed selling and administrative expense= (29,900)

Net operating income= 11,600

5 0

3 years ago

Susan has three credit cards - 1) an Old Navy card she got her last year of high school and now doesn't use that much, 2) a Visa

Marta_Voda [28]

Answer: Visa card

Explanation:

Since Susan has decided that she only needs two credit cards, then she should keep the old Navy card she got her last year of high school and the Mastercard that she opened last month which has no annual fee.

In this case, since she doesn't use the Visa card that she got while in college and th e card pays an $50 annual fee for benefits that she doesn't use that much, thus means that the card isn't beneficial to her. Therefore, she should get rid of the Visa card.

7 0

2 years ago

The Blossom Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31.

prohojiy [21]

Answer:

Dr insurance expense 450

Cr Prepaid insurance 450

Dr Supplies expense 1,530

Cr Supplies 1,530

Dr Depreciation expense 410

Cr Accumulated depreciation - building 230

Cr Accumulated depreciation - equipment 180

Dr Interest expense 140

Cr Interest payable - mortgage 140

Dr Unearned rent revenue 2,620

Cr Rent revenue 2,620

Dr Wage expense 720

Cr Wages payable 720

Prepaid insurance - Assets

Dr Cr

5/1 $1,800 5/31 $450 expired insurance

Supplies - Assets

Dr Cr

5/1 $2,600 5/31 $1,530 used supplies

Building - Assets

Dr Cr

5/1 $67,600 5/31 $230 accumulated depreciation

Land - Assets

Dr Cr

5/1 $15,013

Cash - Assets

Dr Cr

5/1 $2,513

Equipment - Assets

Dr Cr

5/1 $16,800 5/31 $180 accumulated depreciation

Mortgage - Liabilities

Dr Cr

5/1 $33,600

5/31 $140 interest payable

Unearned rent revenue - Liabilities

Dr Cr

5/31 $2,600 5/1 $3,300

Wages payable - Liabilities

Dr Cr

5/31 $720

Accounts payable - Liabilities

Dr Cr

5/31 $4,713

Common stock - Equity

Dr Cr

5/31 $60,013

Rent revenue - Revenue

Dr Cr

5/31 $9,000

5/31 $2,620

Salaries and wage expense - Expenses

Dr Cr

5/31 $3,000

5/31 $720

Utilities expense - Expenses

Dr Cr

5/31 $800

Advertising expense - Expenses

Dr Cr

5/31 $500

C) adjusted trial balance

Assets

Current assets:

Cash $2,513

Supplies $1,070

Prepaid insurance $1,350

Non-current assets:

Land $15,013

Buildings $67,370

Equipment $16,620

total ASSETS = $103,936

Liabilities

Current liabilities:

Interest payable $140

Unearned rent revenue $680

Wages payable $720

Accounts payable $4,713

Long term liabilities:

Mortgage $33,600

total LIABILITIES = $39,853

Equity

Common stock $60,013

Retained earnings $4,070

total EQUITY = $64,083

ASSETS = LIABILITIES + EQUITY

$103,936 = $39,853 + $64,083

D) income statement

total revenue = $9,000 + $2,620 = $11,620

- wages expense = $3,000 + $720 = ($3,720)

- insurance expense = ($450)

- supplies expense = ($1,530)

- depreciation expense = ($410)

- interest expense = ($140)

- Utilities expense = ($800)

- Advertising expense = ($500)

net income $4,070

E) retained earnings statement

Retained earnings May 1 $0

Net income May 31 $4,070

total $4,070

F) classified trial balance

Assets

Current assets $4,933

Non-current assets $99,003

total ASSETS = $103,936

Liabilities

Current liabilities $6,253

Long term liabilities $33,600

total LIABILITIES = $39,853

Equity

Common stock $60,013

Retained earnings $4,070

total EQUITY = $64,083

ASSETS = LIABILITIES + EQUITY

$103,936 = $39,853 + $64,083

G) the accounts that must be closed against the income summary account are all the revenue and expense accounts used to calculate the income statement. The income summary account is then closed to retained earnings.

revenue
wages expense
insurance expense
supplies expense
depreciation expense
interest expense
utilities expense
advertising expense

8 0

3 years ago