In "How Sushi Went Global," Bestor Observes That Tsukiji,Tokyo's Wholesale

question 2

Multiple Choice

In "How Sushi Went Global," Bestor observes that Tsukiji,Tokyo's wholesale seafood market,

• A) auctions off only Japanese-caught bluefin tuna.
• B) handles just 13 percent of the tonnage that New York City's Fulton Fish Market sells each year.
• C) is sent daily information about tuna conditions in such fishing grounds as Montauk, Cape Cod, and Cartagena by fishermen in return for information about prices.
• D) is one of three bluefin tuna auctions; the other two are in Madrid, Spain and Boston, Massachusetts.

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Definitions:

Activity-based Costing

A costing method that assigns overhead and indirect costs to related products and services based on their usage of activities.

Overhead Cost

General expenses related to the operation of a business that are not directly tied to a specific product or service, including rent, utilities, and administrative expenses.

Supporting Assembly

Components or sub-assemblies that are used as part of a main assembly in manufacturing processes.

Activity-based Costing

A financial approach that distributes overhead and indirect charges to associated goods and services based on the activities involved.