Which of the following most accurately states the purpose of the accounting cycle?
A. To provide an accurate picture of just a business's expenses and
liabilities at the end of each accounting period
B. To provide an accurate picture of a business's revenues, expenses,
assets, liabilities, and equity accounts at any point during the
accounting period
C. To provide an accurate picture of a business's revenues, expenses,
assets, liabilities, and equity accounts at the end of each
accounting period.
D. To provide an accurate picture of just a business's revenues,
assets, and equity at the end of each accounting period

Owns a machine that can produce two specialized products. production time for product tlx is two units per hour and for product mtv is four units per hour. the machine’s capacity is 2,100 hours per year. both products are sold to a single customer who has agreed to buy all of the company’s output up to a maximum of 3,570 units of product tlx and 1,610 units of product mtv. selling prices and variable costs per unit to produce the products follow. product tlx product mtv selling price per unit $ 11.50 $ 6.90 variable costs per unit 3.45 4.14 determine the company's most profitable sales mix and the contribution margin that results from that sales mix.