Lakes That Have Low Concentrations of Organic Nutrients Are Termed

question 1

Multiple Choice

Lakes that have low concentrations of organic nutrients are termed:

• A) eutrophic
• B) syntrophic
• C) aphotic
• D) oligotrophic
• E) atrophic

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Definitions:

Absorption Costing

A method of inventory costing that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overheads - in the cost of a unit of product.

Contribution Format

A financial statement layout that separates fixed costs from variable costs to highlight the contribution margin of a business.

Absorption Costing

A financial tracking method that brings together all costs of production—direct materials, direct labor, and all overhead, both variable and fixed—inclusion in the price of a product.

Variable Costing

An accounting method that includes only variable production costs (materials, labor, and overhead) in product costs.