What Have Been Some of the Causes of the Increased

question 6

Essay

What have been some of the causes of the increased amount of oil found in the ocean? What is the largest source of additional oil?

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Definitions:

Dual Cost Allocation

An accounting method that assigns costs to two or more entities or projects, based on a predetermined formula or basis of apportionment.

Variable Costs

Costs that vary directly with the level of production or service delivery, such as materials and labor.

Fixed Costs

Expenses that do not change with the level of production or sales over a certain period, such as rent and salaries.

Activity-Based Costing

A method of accounting that identifies the activities a firm performs and assigns costs to those activities based on their use of resources, aiming to better understand business processes and costs.