What Was the Most Far Reaching Effect of the Ice

question 16

Multiple Choice

What was the most far reaching effect of the Ice Age on the world's oceans?

• A) It was too cold for phytoplankton to live in the seas.
• B) Global sea levels dropped about 100 metres.
• C) The seas got about - 7° C cooler on average over the whole planet.
• D) The seas got much less saline because of all the melting icebergs.

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Definitions:

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the amount of resources they consume.

Unit Product Cost

The total cost (both direct and indirect) to produce a single unit of product, typically including materials, labor, and overhead.

Traditional Costing

An accounting method that assigns overhead costs to products based on a predetermined rate, often not reflecting actual resource usage.

Activity-Based Costing

A costing method that assigns costs to products based on the activities it requires for production, aiming for more accurate product costing.