In 2014, the Total Amount of B2B E-Commerce in the United

question 70

Multiple Choice

In 2014, the total amount of B2B e-commerce in the United States was approximately:

• A) $5.7 billion.
• B) $57 billion.
• C) $570 billion.
• D) $5.7 trillion.

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Definitions:

Manufacturing Overhead

This refers to the indirect costs associated with manufacturing, such as utilities, rent, and salaries of supervisory staff, that are not directly traceable to a specific product.

Job Order Cost System

An accounting system used to assign costs to specific jobs or batches, ideal for customized orders.

Indirect Product Costs

Costs that are not directly traceable to a specific product but are necessary for the production process, such as utilities or managerial salaries.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to products or job orders, based on a set activity measure.