Which Formula Will Produce a Result of 48

question 26

Multiple Choice

Which formula will produce a result of 48?

• A) =8+4*4
• B) =8*4+4
• C) =(8+4)*4
• D) =8/4-4

Understand the relationship between price, marginal revenue, and optimal output levels.

Explain the impacts of cost changes on industry equilibriums and firm decisions.

Understand the dynamic and evolving nature of ethnic identities and factors influencing their formation and change.

Apprehend the interplay between class, race, and ethnicity in shaping social inequalities and identities.

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Definitions:

Activity-based Costing

An approach to assigning an organization's overhead costs to specific products or services based on the activities undertaken to produce those products or services.

Direct Labour-hours

Direct labor-hours are the total hours spent by workers who directly contribute to the manufacture of a product, a direct measure of labor input.

Activity Cost Pools

Aggregations of all the costs associated with specific activities, used in activity-based costing to allocate costs more accurately.

Activity-based Costing

A costing method that assigns costs to products or services based on the activities they require, aiming to provide more accurate cost information.