Consider the Following Image

question 50

Multiple Choice

Consider the following image. Which of the following most accurately describes the change represented in the image?

• A)A chemical change which follows conservation of mass.
• B)A physical change which does not follow conservation of mass.
• C)A physical change which follows conservation of mass.
• D)A chemical change which does not follow conservation of mass.

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Definitions:

Denominator Activity

The total base activity used to allocate overhead costs in cost accounting, such as total direct labor hours or machine hours available.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process, used in allocating manufacturing overhead.

Overapplied

A condition where the manufacturing overhead allocated to products exceeds the actual manufacturing overhead costs incurred.

Underapplied

A situation in cost accounting where the allocated overhead costs are less than the actual overhead costs.