Internally,computers Use Binary Code to Operate.Binary Means

question 33

Multiple Choice

Internally,computers use binary code to operate.Binary means

• A)attached
• B)two elements
• C)add two
• D)multiply by two

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Definitions:

Fixed Manufacturing Overhead

Fixed manufacturing overhead includes the costs associated with manufacturing that do not vary with the level of production, such as rent, salaries, and utility costs.

Ending Inventory

The total value of all the merchandise, raw materials, work in process, and finished goods that a company has at the end of its fiscal period.

Segmented Income Statement

An income statement that breaks down revenues, expenses, and profits by individual segments, departments, or product lines of a business.

Contribution Format

An income statement format that separates fixed costs from variable costs to highlight the contribution margin of a company's products or services.