A) Analyze the Argument Passage Below, Addressing the Following as Appropriate

question 69

Essay

A) Analyze the argument passage below, addressing the following as appropriate: specify the issues addressed; identify premises and conclusions; classify as inductive or deductive; supply missing premises; separate arguments from window dressing; identify claims better left unstated. B) Diagram the argument.
It seems pretty likely that all the smaller food stores around town are going to have trouble staying open. Jack's Market has closed, the 5th Street Market has closed, and now I hear that the Cash And Carry across town is going to fold up, too. You'd best get used to the idea of shopping at the big supermarkets, since those are probably going to be all that's left in another six months.

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Definitions:

Overapplied Overhead

The condition where the overhead applied to products or services exceeds the actual overhead costs incurred.

Actual Manufacturing Overhead

The actual costs incurred in the production process that cannot be directly attributed to specific units of product, including costs such as maintenance and utilities.

Cost of Goods Available

The total cost of goods that are ready for sale at the end of an accounting period, including both newly manufactured goods and those previously in inventory.

Schedule of Cost

A detailed report displaying the various components of cost, including materials, labor, and overhead.