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2 years ago

In B2B markets, ________ are firms that buy and reprocess products and services before selling them again to the next buyer.

Business

1 answer:

Digiron [165]2 years ago

7 0

Answer:

In B2B markets, manufacturers are firms that buy and reprocess products and services before selling them again to the next buyer.

What is manufacturing?

is the process of converting raw materials (primary process) into physical goods (secondary process), involving multiple industrial processes. E.g, assembly, multiple stages of production, quality, control. Manufacturing. to make or process of a raw material into a finished product.

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Transactions for the Monty Company, which provides welding services, for the month of June are presented below. June 1 Monthly i

Leona [35]

Answer:

<u>Transactions:</u>

1. June 1 Monthly invests $3, 910 cash in exchange for shares of common stock in a small welding business.

2. June 2 Purchases equipment on account for 340.

3. June 3 $760 cash is paid to landlord for June rent.

4. June 12 Bills P. Leonard $410 after completing welding work done on account.

<u>Journal Entries:</u>

June 1 Dr. Cr.

Investment $3,910

Cash $3,910

June 2 Dr. Cr.

Equipment $340

Account Payable $340

June 3 Dr. Cr.

Rent Expense $3,760

Cash $3,760

June 12 Dr. Cr.

P. Leonard (Receivable) $410

Welding Service Revenue $410

6 0

3 years ago

A group of workers normally consists of 60 men, 30 women and 20 boys. They are paid at standard hourly rates as under:

dexar [7]

Labour cost variance = R.s 33,000 (F)
Labour rate variance = R.s 33000 (F)
Labour efficiency variance = 0

Given:

Standard Number of men = 60

Standard Number of women = 30

Standard Number of boys = 20

Standard hour rate for men = R.s 280

Standard hour rate for women = R.s 160

Standard hour rate for boys = R.s 140

Weekly working hour = 40 hours

Expected unit = 5,000 units

Number of men in march week = 70

Number of women in march week = 25

Number of boy in march week = 25

Actual wage for men = R.s 270

Actual wage for women = R.s 165

Actual wage for boys = R.s 130

Actual units = 4,500 units

Find:

Labour cost variance
Labour rate variance
Labour efficiency variance

Computation:

Labour cost variance = [SC for AO] - AC

Labour cost variance = [( 70 × 280) + (25 × 160) + (25 × 140)] - [(70 × 270) + (25 × 165) + (25 × 130)] × 40

Labour cost variance = (27,100 - 26,275 ) × 40

Labour cost variance = R.s 33,000 (F)

Labour rate variance = (SR - AR) × AH worked

Labour rate variance = [(280 - 270)70 + (160 - 165)25 + (140 - 130)25]40

Labour rate variance = [700 - 125 + 250]40

Labour rate variance = [825]40

Labour rate variance = R.s 33000 (F)

Labour efficiency variance = (SH allowed - AH worked)SR

Labour efficiency variance = (0 - 0)SR

Labour efficiency variance = 0

Learn more;

brainly.com/question/22856853?referrer=searchResults

5 0

2 years ago

charger company's most recent balance sheet reports total assets of $28,413,000, total liabilities of $16,113,000 and total equi

OleMash [197]

The debt to equity ratio for the period, based on the total liabilities and total equity, would be 1.31

<h3>How to find the debt to equity ratio?</h3>

The debt to equity ratio shows the amount of debt that a company has as a ratio of the debts to the equity that the company has.

The debt to equity ratio can be found by the formula:

= Total liabilities / Total Equity

Total liabilities = $16, 113, 000

Total equity = $12, 300, 000

The debt to equity ratio is therefore:
= 16, 113, 000 / 12, 300, 000

= 1.31

Find out more on the debt to equity ratio at brainly.com/question/27993089

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5 0

11 months ago

The three traits an entrepreneur must possess to be successful are _____.

Yanka [14]

Hello,

Here is your answer:

The proper answer to this question is option A "<span>motivation, humility, and decision making". You honestly need motivation, humility, and decision making skills in order to be successful.

Your answer is A.

If you need anymore help feel free to ask me!

Hope this helps!</span>

7 0

3 years ago

Read 2 more answers

The beginning inventory is 52,800 units. All of the units that were manufactured during the period and 52,800 units of the begin

Kazeer [188]

Answer:

a. As per the situation sales exceed production absorption costing income from operations is lesser than variable costing income from operations.

b. $776,160

Explanation:

a. As per the situation sales exceed production absorption costing income from operations is lesser than variable costing income from operations

b. Given that

Beginning inventory = 52,800

Fixed manufacturing costs = $14.70 per unit

Total Beginning inventory = Beginning inventory × Fixed manufacturing costs

= 52,800 × $14.70 per unit

= $776,160

5 0

3 years ago