The Battle of Trafalgar

question 22

Multiple Choice

The battle of Trafalgar

• A) ensured French domination of most of the Continent.
• B) frustrated a potential French invasion of England.
• C) knocked the Russians out of the anti-French coalition.
• D) made it necessary for France to sell the Louisiana Territory to the United States.
• E) was Napoleon's last victory over England.

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Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs (both variable and fixed) in the cost of a product.

Unit Product Cost

The calculated cost associated with producing a single unit of product, including direct materials, labor, and overhead.

Absorption Costing

An accounting practice where the cost of a product is calculated by including all expenses from manufacturing, like direct materials, direct labor, and both variable and fixed overheads.

Unit Product Cost

The total cost (fixed and variable) assigned to a unit of product, determining its cost of production per unit.