Based Only on the Following Illustration,it Could Be Predicted That

question 9

Multiple Choice

Based only on the following illustration,it could be predicted that ice floats on liquid water because

• A) the crystal structure of ice is more regular than that seen in liquid water.
• B) the distance between water molecules in ice is greater than in liquid water.
• C) the cool temperature of ice reduces the extent of molecular motion relative to liquid water.
• D) when ice forms, the hydrogen bond in the water molecule becomes nonpolar; ice behaves like oil.

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Definitions:

Variable Costing

A costing method in which variable manufacturing costs are included in product costs, while fixed manufacturing costs are treated as period costs.

Absorption Costing

An accounting method that assigns all manufacturing costs, both variable and fixed, to products, thereby impacting the inventory valuation on the balance sheet.

Net Operating Income

The profit a company makes from its operations, calculated as total revenue minus operating expenses, excluding taxes and interest.

Variable Costing

An accounting method that only includes variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.