Simplify the Expression $( 12 b ) ^ { 0 }$

question 166

Multiple Choice

Simplify the expression.
- $( 12 b ) ^ { 0 }$

• A) 12
• B) 1
• C) \(b\)
• D) 0

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Definitions:

Gross Profit

The difference between revenue and the cost of goods sold, indicating the profitability of a company's core activities.

Goods Available for Sale

The total quantity of goods that a company has in its stock ready to sell at the end of a financial period.

Absorption Costing

An accounting method that includes all manufacturing costs — direct materials, direct labor, and both variable and fixed overhead — in the cost of a product.

Variable Costing

A costing method that includes only variable production costs in product cost calculations, used for internal decision-making.