Because of Moore's Law,the Cost of Data Processing,communications,and Storage ________

question 46

Multiple Choice

Because of Moore's Law,the cost of data processing,communications,and storage ________.

• A) is essentially zero
• B) has increased exponentially
• C) is witnessing an upward trend
• D) has leveled off

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Definitions:

Cost Of Goods Sold

The total cost directly involved in producing goods or services sold during a specific period.

Predetermined Overhead Rate

A rate calculated before a period begins, used to apply overhead costs to products based on a certain activity such as labor hours or machine hours.

Machine-Hours

A measure of the amount of time machines are operating in the production process, often used to allocate manufacturing overhead costs.

Markup

The amount added to the cost price of goods to cover overhead and profit, calculated as a percentage of the cost.