Match the Term or Person with the Appropriate Phrase

question 43

Multiple Choice

Match the term or person with the appropriate phrase. You may use each answer once, more than once or not at all.
-Eratosthenes

• A)first European explorer to see the Pacific Ocean
• B)led voyage that first circumnavigated the globe
• C)used ecological approach to solve fisheries problem
• D)mapped world with Roman knowledge showing latitude and longitude
• E)first determination of Earth's circumference
• F)led voyage that first used the marine chronometer
• G)made important observations about drift of sea ice
• H)mapped the Mediterranean Sea for the Greeks
• I)established impermanent settlement in North America and the first Europeans to explore Iceland and Greenland
• J)incorrectly concluded that no life exists in deep ocean

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Definitions:

Variable Expense

Expenses that change in proportion to the activity of a business.

Fixed Expense

Costs that do not vary with the level of production or sales, such as rent or salaries.

Variable Overhead Rate

The rate at which variable overhead costs are allocated to products based on an activity base, such as machine-hours or direct labor-hours, reflecting changes in cost with production volume.

Fixed Manufacturing Overhead

Costs related to the production process that remain constant regardless of the production volume, such as rent and salaries of managers.