Diffusion ________

question 37

Multiple Choice

Diffusion ________.

• A)is the result of the potential energy of atoms
• B)requires an input of cellular energy
• C)occurs when particles spread from areas where they are less concentrated to areas where they are more concentrated
• D)proceeds until equilibrium is reached

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Definitions:

Process Costing

Process costing is a method of costing used by companies that produce similar or homogenous products, where costs are accumulated over a period and then allocated to units of product.

Weighted-Average Method

An inventory costing method that assigns an average cost to each unit of inventory, calculated by dividing the total cost of goods available for sale by the total units available.

Conversion Cost

Sum of direct labor and manufacturing overhead costs, representing the costs necessary to convert raw materials into finished goods.

Process Costing

An accounting methodology used to assign costs to units of production in industries where the production process is continuous.